long term play, page-6

Agree Busting that the timeline for commercialisation is a ways off. As you say, around 8 years so far and a lot of money burned as lessons are learned.

I don't agree with Nuclear, not your argument, just that I do not want to see it. If the world expands this industry we may have repercussions of lost material that gets into the wrong hands. Whilst it is economically sensible I do not think the same of it on a moral basis.

It seems a much better idea for Governments (especially ours) to encourage in a meaningful way, this type of industry (Geo). Instead of bickering like children in the playground and sending mixed signals they should be fostering those companies which may provide a solution for the future. Government appears to have no issue with partnering private enterprise in building roads, so why should this be different.

Todays announcement of the S&P rebalancing probably explains a lot of the current weakness and once the presure is lifted we may see a reasonable bounce.

I have been buying back in at these levels over the past couple of weeks. I sold out in 2005, more good luck than management probably. :)