ARL 2.08% 49.0¢ ardea resources limited

hmmm, not quite -...

  1. 2,808 Posts.
    lightbulb Created with Sketch. 753
    hmmm, not quite - https://www.technologyreview.com/s/612564/chinas-losing-its-taste-for-nuclear-power-thats-bad-news/

    https://www.worldfinance.com/markets/nuclear-power-continues-its-decline-as-renewable-alternatives-steam-ahead

    and not quite relevant to the point I was replying to - even if a country like China went large on nuclear, it wouldn't mean it has the same tailwind as EV's.

    For the old uranium story to be equivalent to the current battery metal theme, you would need to have seen every major economy basically clearing the way for planning and environmental approvals for nuclear power, offering tax breaks and rebates for nuclear investment, and existing owners of generation assets committing their future billions to a nuclear future and consumers posting selfies out at nuclear power plants cheering on the CEO of said nuclear power plant company. That didn't happen, ergo, no equivalence...

 
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