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Gutshotpro

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14/06/21

08:18

Post #: 53826143
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Originally posted by birdman29: ↑

Nuclear Renaissance: Looming Net-Zero Targets Driving Uranium Miners’ Share Price Surge
June 13, 2021

Share prices in uranium miners are on the rise, much to the horror of the wind and solar ‘industries’ .
Despite efforts of the wind and solar cult to unwind nuclear power in Germany, and elsewhere, the recent share market surge suggests there’s a resurgence of interest in uranium miners – share prices in one Australian jumped 10% in a single day.
The market seems to be taking the threat of looming net-zero emissions targets seriously. Knowing that the only serious measure of meeting any such target is nuclear power, the smart money is backing any company with uranium mining interests or even the mere prospect of developing such an interest.
Uranium stocks are stirring as climate policies reset
The Australian
Richard Hemming
4 June 2021
Older reactors in the US that were previously scheduled for closure are likely to have life extensions.
China is significantly increasing its nuclear capacity, projected to rise from 50GWe (gigawatts electric power) to 70GWe by the end of 2025.
New nuclear technology is enabling countries and industries that have never before made use of it, due to much smaller plants.
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They've been surging since Q3/Q4 last year - on or around the time that LinkedIn and news articles on new nuclear tech (such as SMRs) started appearing in greater numbers. TerraPower is driving some of this, together with GE Hitachi nuclear systems and expensive reviews of these newer systems being undertaken by US govt.

I spotted this in August last year, put some on watchlist: DYL, BOE and CCO (Cameco in Canada). Still kicking myself for not putting the funds down, but consider it a good validation of research at the time so it has some value :)
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