next generation uranium - at what cost?, page-2

And this why Areva purchased Trekkopje:

http://business.timesonline.co.uk/tol/business/industry_sectors/engineering/article6851514.ece


The price of yellowcake is a very small input cost to the overall cost of nuclear power generation. As such, long mine life, and secure supply are much more important.

Quick sidetrack here: The other thing I noticed in the PDN announcment (re: capital raising), is that:

1. PDN wants to remain independent;
2. PDN wants to invest in downstream development; enrichment? I think PDN likes the Areva model (perhaps without the power generation).

BMN is up for grabs, it will not sit on the shelf for too much longer. Also watch out for PDN, depending on where it spends its $400M, it will be snatched up as well.

Ah, so much going on in this sector. I do find BMN's current situation (no major takeover play) to be absurd.


Cheers, Skip