is the honeymoon over, page-13

Remember the big picture. There are about 400 yes four hundred new nuclear power stations on the drawing boards at the moment and rising. All for base load electricity generation. Very few will be shut down that dont have to be. There was a hiatus in U2O3 exploration for about 20 years. Only a few new mines will be in production when the new demand starts rolling in. It is hard to find and has a lot of NIMBY problems. There is now little available from decommissioned nuclear weapons. When they start to buy it will be like a series of tsunamis of demand. Scrambling for supplies. The demand will be enormous. Already, nuclear power is used to generate 20% of the worlds electricity. A nuclear power station is not built as fast as a coal one. It can take from 3 years to ten. Closer to 3 in China. There may be mega takeover offers later for uranuim miners to secure supplies. The French are sniffing around. They only have 70 Nreactors at the moment.