It all hinges on what PDN want to do with their holding. The...

It all hinges on what PDN want to do with their holding. The last audit report said SMM will ultimately need a capital raising to keep going. I doubt PDN would want to keep holding, they may sell down or completely exit given the stagnate price of U and the inaction of the QLD government over the years. In any event, no new U mines will be developed in Australia unless there is a long term price north of $70USD a pound.

My opinion is there is too much negativity around the safety aspects of Nuclear Energy and reports I have read with regard to the development costs of U Power stations are out of control. Moving forward I feel that countries and Governments will look at alternative energy solutions at the expense of Nuclear.