WA Gov't Bans further Uranium mines., page-4

Hi Bluto,

I think the fundamental side U is actually pretty good given the amount of reactors being built, tech advances in their safety and the eventual shortfall in supply/demand that is predicted to occur over the next 5 years or so.
What some random Euro countries choose to do or not do with U is little concern given China's, India's and the USA renewed enthusiasm for U.
PDN is an PDN thing. Too much debt then a perfect shit storm hit them to and now they are struggling to survive (I hope they do).
Political cycle could easily run for 8 to 12 years assuming the incumbent government get reelected.
You are right with your points though and the price of U reflects the reality of where the sector currently sits. However, it doesn't mean that a rally wont happen that will make money for us mug punters.
My point about supply and WA is more about our local stupid hypocrisy, not anything else.
Thanks and you have a great too (what's left)!