PEN 4.76% 11.0¢ peninsula energy limited

I am no scientist, so before anyone starts jumping out of...

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    I am no scientist, so before anyone starts jumping out of Uranium and looking for the next Thorium stock, l found this article and l can only read it like you that the last four digits may explain that we have time on our side.


    Thorium also can be used as a nuclear fuel through breeding to U233. Several reactor concepts based on thorium fuel cycles are under consideration, but much development work is required before it can be commercialised. Early in April 2008, India commissioned a critical facility designed to conduct experiments to validate reactor physics for a 300 megawatt electric (MWe) technology demonstrator thorium-fuelled Advanced Heavy Water Reactor (AHWR). The facility was fuelled with natural uranium and went critical in early April 2008. Natural uranium fuel will be used to simulate Pressurised Heavy Water Reactors and thorium-uranium 233 fuel will be used to simulate the AHWR. However, full commercialisation of the AHWR is not expected before 2030.

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