PEN 1.18% 8.4¢ peninsula energy limited

Yes, the uranium market is bad but remember gold's turn?, page-39

  1. 954 Posts.
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    You have problems fluffer,

    A) The world is at the beginning of a decarbonising phase, Nuclear is becoming sexier and demand increasing, and it cost effective. Why did the UK just approve Hinkley Point at a cost of 18b when they could have built a giant wind farm for that money? Why aren't China building fleets of gas and oil plants instead of Nuke?

    B)Are you suggesting that the hundreds of nuclear plants around the world (and the dozens under construction) and hundreds more planned, are all of a sudden going to stop needing U?

    C) Even if U demand declines, lower quartile cost producers (ie PEN) will flourish as higher priced operations will be the first to drop off. Saying PEN will be mothballed is a joke.

    Please provide evidence and justification for your statements. You come in here with your scaremongering and personally I think your jibe at Gav is disgusting and disrespectful.
 
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