uranium: like gol was 10 years ago, page-76

You only have to look at Hinchley Point(?) in UK where funding remains an issue complicate by Brexit. In today's capex $ size, it is enough to put off these kind of funding commitments against a rapidly deflating global economies.

I have always said that Nuclear is just one of a host of competing energy source. A very long lead time for a N power station to complete. I have been hearing about the number of N power stations that are in the building stage since 2006! It had a very buoyant spot prices back then so the stock selection remains a dart board pick. You only have to look at the current status of the sector and with spot price below 30bucks, there isn't likely to have many miners profitable. Look at the state of shale gas and crude oil as leading indicators. The minute we see a 6 or 7 handle in oil, he US shale producers will have the mother of ramp ups to choke any new demands. On top we have a steady ramp up of solar power globally.

There is plenty of time to get in but early bird in this case becomes the trap bull. There is a Fukushima incident almost on a yearly basis in Japan. The Germans and Japanese is still not embracing although the later wants to if it can convince the public. The meltdown is still raw and people have long memories.

At current spot pricing, the calcrete stuff in Namibia is not economical and you need a "DSO" type geology preferably free from using sulphur! Good luck