R U deal could prove very timely indeed and provide big upside for long term holders given the outlook for uranium.
Hang in there holders.
Executive Director Kevin Johnson presented a Uranium Market Update at the 2011 Australian Uranium Conference this week. Key messages from Kevin's presentation included;
* Investor sentiment towards the nuclear energy and uranium sectors has significantly deteriorated since Fukushima
* Nuclear energy however remains the only plausible base-load CO2-free replacement to fossil fuels
* Key drivers of nuclear energy demand (China, Russia and India) remain committed to their planned and proposed nuclear reactor builds
* It is likely the uranium industry will emerge stronger and currently remains the commodity market's "ultra-contrarian" theme for investors
R U deal could prove very timely indeed and provide big upside...
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