today's sm herald

Useful comment in today's Sydney Morning Herald by Andrew Horvat "New Era of Honesty in a time of crisis": ? "...even though the media are running giant headlines about radiation leakage, in fact the amount that has leaked out has affected people in the area considerably less than a typical chest X-ray. Two of four reactors at Tokyo Electric Power's Fukushima's No. 1 Site have been put out of commission, and that will mean a huge reduction in generating capacity for the Tokyo area. Other plants have been shut down too. But Japanese pundits are realistic. One said on television: ''One cannot imagine Japanese electric power generating policy without nuclear power plants.'' So, there will be a lot of hand-wringing and finger-pointing, but in the end there will also be nuclear power plants."

Hold the fort boys and girls. PEN will do well. I only wish I was in a better position to buy more. Anything below 7c would be an absolute steal to anyone with even a medium-term view (12 months+).