IMVHO this "talk" by the chinese of suspending new reactor approvals is a smokescreen. The chinese have absolutely ZERO choice about going nuclear. Its either that, or they have no chance of achieving their economic objectives in the next few years. There is also the fact that they have such horrific smog problems that many, many more will die from complications of smog than will ever die from problems with the Japanese reactors.
The thing we, and EXT management have to be very careful of is that the chinese, or whoever else for that matter, are not successful with a lowball offer for our shares.
Call me stupid if you want, but I for one will be sitting on my shares until the end of the game, whatever that may be. There are still plenty of reactors in operation in the world that need to be fed.
Cheers
KC
EXT Price at posting:
$6.74 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)