"Getting rid of Coal, Gas and similar is clearly needed"Wow......

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LukeinSA

292 Posts.

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21/02/23

13:02

Post #: 66371098
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Originally posted by NavyDiver: ↑

Comment by a very knowledgeable 40 year Nuclear veteran and Navy Officer (retired) Mr Dustin Garrow (https://www.thealumniassociation.com/home/4833356-dustin-garrow/profile#:~:text=Dustin%20Garrow%20is%20Managing%20Principal,uranium%20production%20and%20marketing%2Fsales.)

and Justin Huhn (https://www.uraniuminsider.com/about)

Two issues mentioned directly about BHP.

First: Mr Garrows view that BHP seems to be embarrassed about it Uranium which is treated as a by product. That may have been ok when prices where shockingly low at about USD$20 LBS - Now over $50LBS its not!

2nd BHP dumping its mined u308 to the spot market rather than selling term contracts.
again might have been ok several years ago when prices where falling off a cliff and mines where closing. Now with almost the entire world needing this critical resource, BHP has the opportunity and relationships to be a major supplier to China and the rest of the world!

South Australian government suggest Olympic dam is the "The Olympic Dam deposit in South Australia is the largest uranium deposit in the world, containing more than 2 million tonnes of uranium oxide"

Share holders require and in my case Demand this be fixed for all our benefit.

Japan restarting and Life extensions "Japan’s nuclear regulator has approved draft legislation to allow commercial nuclear power plants to operate longer, in a split decision in which one of the five commissioners dissented.The Nuclear Regulation Authority, responding to a new government policy to abolish the current 60-year operating limit for reactors, adopted a new system in which additional operating extensions can granted every 10 years after 30 years of service.No maximum limit is specified. The NRA also adopted a draft revision of the reactor regulation law for approval by parliament."

RIO is no longer Japans supply source! As well as "has lost radioactive capsule in West Australian desert" recently are almost entirely out of Uranium!

We have one of the best opportunities of any mining company with mining expertise and huge resources.

Getting rid of Coal, Gas and similar is clearly needed. Getting into future Mega trends must be BHPs aims to we need a new Board. Being the butt of Jokes for being one of the only companies selling cheap u308 on the spot market is not acceptable.

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"Getting rid of Coal, Gas and similar is clearly needed"

Wow... what planet does this guy live on ?? What does he smoke before breakfast each day ??

BHP Price at posting: $47.96 Sentiment: Hold Disclosure: Held
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