If it were a renewable energy company you might have a chance of the government helping out.
It seems Australian governments can't waste enough of our money on renewables.
South Australia has heaps of its own uranium, plenty of places to build a nuclear reactor, and lots of desert to bury the waste in. But yet they would rather spend taxpayers money building unreliable renewables and have South Australians paying the highest electricity prices in the world.
NSW and Vic Have similar policies. And QLD have just announced a similar rediculous renewable target. QLD have plenty of uranium as well .. and places to bury the waste.
Face it.. unless there is a revolt by the general populace on what is happening uranium will be remaining unloved for the foreseeable future.
PDN Price at posting:
4.7¢ Sentiment: Sell Disclosure: Not Held
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