STO 0.00% $7.81 santos limited

i am a big supporter of nuclear power as I believe would cover...

  1. 4,108 Posts.
    lightbulb Created with Sketch. 94
    i am a big supporter of nuclear power as I believe would cover us for the next 100 years and can be built safely nowadays
    BUT
    1. A small nuclear power plant which is viable for the next 50-100 years takes approx 2-3 years to build
    2. takes lots of rare earths and uniques materials which are hard to source
    3. The technology is way above Australia's capability so Japan would be the obvious choice to build
    4. A small station which is economically viable is in the order of 1 gigawatt of power so would be the biggest supplier on the east coast. (will need a alternative supply to cover for maintenance)
    BUT the biggest killer is, what government would have the political initiative to build one with all the LWNJ's in our political sphere. Just the thought of Pauline mentioning a coal fired power station brings every crackpot greenie out from hiding in a cacophony of howls. Good luck!
    NIMBY (Not in my back yard!)
    Please discuss cause its worth discussing but just don't like your chances!
    IMHO, gas is the answer.
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
(20min delay)
Last
$7.81
Change
0.000(0.00%)
Mkt cap ! $25.36B
Open High Low Value Volume
$7.79 $7.84 $7.74 $23.16M 2.968M

Buyers (Bids)

No. Vol. Price($)
1 3071 $7.79
 

Sellers (Offers)

Price($) Vol. No.
$7.81 18521 1
View Market Depth
Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
STO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.