BMN bannerman energy ltd

obama to announce loan help for nuclear power

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    An important announcement that backs Obama's earlier State of the union speech with financial details of help for new USA nuclear power plant program.

    In yesterdays speech, Mr Obama said that there were 56 nuclear reactors being built around the world, including twenty-one in China, six in South Korea and five in India. He conceded that the greatest problem was creating incentives for business to invest in nuclear energy.

    Firm financing is announced for 2 new plants to come online in 2016 and 2017.

    http://www.reuters.com/article/idUSTRE61F0BR20100216

    Clearly, a good announcement for all U stocks, but especially those with large deposits and advanced projects like BMN
 
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