Taken from European Uranium Resources (EUU) website
They secured AREVA as a partner...
Our decision to focus in Europe was a simple one:
• Europe is the world’s largest per capita consumer of uranium, with 160 reactors operating and more under construction
• Europe has only one operating uranium mine
• Our company is well positioned to be the premier uranium exploration and development company on the European Continent
• Fact – the world has an installed base of 442 nuclear power reactors – 160 in Europe
• Fact – There are 63 nuclear reactors under construction worldwide
• Fact – there is not enough new uranium produced to keep these plants running
• Fact – analysts forecast uranium shortage
Their Uranium asset Indicated Resource of 28.5 million pounds of U3O8 compares to 68 million pounds by WHE.
Wildhorse Energy is well placed to become the key uranium exploration and development company in Europe. Europe is the world's largest per capita consumer of uranium with 160 reactors and more under construction or planned, but with only one currently operating uranium mine.
They are currently holding active discussions to get a strong partner on board. CNNC, ARMZ? or even AREVA?
News soon
Taken from European Uranium Resources (EUU) websiteThey secured...
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