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Posts: 2,389
The next big thing ? Given the current state of play here in the uk, with regards too energy , given the current climate where Russia are looking too renew their nuclear arsenal, is Uranium the next big thing. Everyone needs energy...but not everyone generates enough energy too sustain their respected countries. Whats the way forward ? Windmills galore, which is mighty good for Scotland for example, as it is indeed exceptionally windy in this part of the world. It is one heck of a blot on the landscape however and that poses problems in itself in terms of planning permission. Coal ? More investment is required in the current coal plants to make them "cleaner" , until coal plants become "cleaner" , it will peg back general investment in them. Gas....Gas is good, but were slowly churning through gas supplies, investment in gas fields isnt quite what it used too be, their are however several big players who have decent supplies (do you really want too be beholden to Russia for example who turn the tap off every winter when people "allegedly" start stealing the stuff. Oil ....At a reasonable low in terms of price, but lets all face it, it wont last forever. Which leads us onto nuclear. We can produce a shed load of energy from nuclear plants, the downside is obviously that "glowing" feeling from burrying the waste in deep shafts. Uranium obviously plays its part, and going forward, regardless of the governments view in the past, the tone is now softening towards Nuclear power. Governments realise that too be energy secure, this is going too have too play a big part. It does however take a while too build these new plants, but then, what are the alternatives. You then look at for example weaponary. Nuclear "power" states always need Uranium too renew their arsenals. Good play ? Well, IMLHO, I think it is... And I throw this open too the floor :) Your thoughts
Posts: 894
Hi there Spac3y, nice to see you are around a bit more again. Nuclear one of my favorite subjects. I had a discussion on this with PB and m-e on the oil board in January. I met someone last summer who said that nuclear was the only real viable option for the future. In 2009 many countries are beginning to sort out planning for new and refurbishment of old sites for nuclear power stations. The French seem to be the main leaders in developing power stations closely followed by the Germans (please correct me if I have it wrong). I believe it takes at least ten years to bring a power station on-line so there has to be something in the meantime if Europe et al are not going to rely on oil/gas/coal. There does seem to be some willingness to go green at the moment and I am sure some of that is political; as I posted a while back listen to Obama's inaugeration speech and his "swipe". One caveat though: in the current melee will there be sufficient money available to develop green solutions which are at the moment expensive and not hugely productive; on the other hand in times of pressure the best results are found. Finally, uranium is going to be in demand, in my very humble opinion, and it will be interesting to see if those that have the cash snap up the "tiddlers". Have I mentioned fusion energy...the LHC? ...could put the meowf amongst the pidgeodo. Best regards D.
Posts: 2,175
Good evening chaps, Most of my salient points have already been taken up so that's the wind taken from my sails to some degree! Nuclear power's anti-campaigners have decreased somewhat over the last 25 years possibly due to the shift to the eco warrior camps, fossil fuels are now considered too 'dirty' for the greener members of the worlds population. Whilst nuclear energy is not without it's eco downside/risk elements I believe it will eventually become the essential mainstay of the world's power generation. I have read speculation that nuclear weapon stockpiles will provide masses of Uranium to serve the worlds future requirements, whilst it may provide some of the requirement 1. The world will not see total nuclear weapon decommissioning in our lifetime 2. Any recovered Uranium will stay with the owner country and 3. The future world demand will outstrip the salvaged stock. The consolidation of the 'tiddlers' (thanks Didedo) is, in my opinion a very real possibility. I'm sure there is generous handful of companies that have exploration licences but not the financial clout to recover the goods and by a similar token there are cash rich experienced mining comapnies looking to expand their resources. That (for what it is worth) is my take on the situation, I'm off to stroke my Uranium mining share certificates!! :-) regards Dave
Posts: 46
Read what you lads have posted (I'm assuming you are lads)and you've convinced me!!!
Posts: 2,175
Spacey and I are lads but check the members blogs for Didedo!!! :-) regards Dave
Posts: 25,289
If you wish to have a stake on the present low U-oxide price at $40/lb. reovering-it was at one stage 2 years ago at $135/lb.,why not consider Nufcor NU. ? Its aim is just to stockpile U-oxide for profit,so there are no issues such as mine accidents,profit warnings, etc.For up to date U oxide prices go to the Kitco site for base metals.The U-oxide price is fixed weekly.DYOR.