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. :)
- Forums
- ASX - By Stock
- long term play
Agree Busting that the timeline for commercialisation is a ways...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $3.630M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.002K | 200.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 311280 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 7408246 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 311280 | 0.005 |
16 | 8024884 | 0.004 |
17 | 7303807 | 0.003 |
12 | 6747500 | 0.002 |
3 | 3300004 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 7408246 | 12 |
0.007 | 1934431 | 2 |
0.008 | 3221791 | 4 |
0.009 | 3592292 | 6 |
0.010 | 6492765 | 4 |
Last trade - 10.36am 02/07/2024 (20 minute delay) ? |
Featured News
RNE (ASX) Chart |