Energy experts discuss nuclear - it ain't good, page-68

"what eased the pressure on SHs was the connection to the grid and once that was achieved the revenue steadily increased."

Yeah, nargh.

It was definitely articulation of a more disciplined capital management framework. I sat in on the various presentations when the change of strategy was communicated to the market and read the ensuing broker reports. I also have regular dialogue with associates running investment funds and the buying was definitely driven by the sentiment of, "Good news. They are no longer going to piss shareholder capital up against the wall."

Besides, none of that detracts from the fact that the business model has changed to one of more capital rationing and less investment in renewables.

You just have to suck up the reality.

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