Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
On the side line waiting patiently for the inevitable to happen! 1. According to PA, utilities are fully contracted to end of this year. When those utilities term contract expire, will they re-contract or buy from spot? 2. Most producers surviving on existing high contract price, will they be forced out of business if uranium price stays below $40 for another 12 to 18 months . 3. No new mines development until uranium price hit $60. New mine project take 7-10 years, only 1 in 5 make to production at cost > $300m. With demand expects to exceed supply by mid 2019, no amount of uranium surplus can suppress price for ever. 4. Reactors need 3 to 5 years stockpile to safeguard continuous operation. Fuel rods take up to 2 years to produce. Can utilities afford to stay put of re-contracting for long period of time? 5. Increasing number of countries are eager to join the nuclear band wagon. 6. What if small module reactor becomes commercially viable and safe enough for secure and/or military applications within next 3 to 5 years? Interesting time ahead!
Unlikely that CNNC will depend solely on KAZA for supply. Belt and Road passes through European countries like Italy, France etc. China has expressed interest to build 8 more reactors in UK. France has high ambition on Nuclear too! Can't see countries like Gemany sit on the side line for ever, it's not economically viable for any developed and developing countries to stay away from nuclear reactor forever. Supply side destruction already started, another 12 to 18 months will see closure of more mines, if Cameco loses its tax avoidance court case in Canada, it will add more pressure to a already damaged sector. Interesting time ahead!
https://partnershipforglobalsecurity.org/2017/04/20/nuclear-news-april-20-2017/ CNNC to become our strategic partner will attract a lot of new investors from Asia.
If CNNC can fulfil its ambition to build 30 reactors along Belt and Road, it will be very beneficial for BkY to bed CNNC as its strategic parttner for current and future mining projects. Being the largest mine in Europe will be fantastic for investors!
http://gbtimes.com/business/china-build-30-nuclear-plants-silk-road-countries Belt and road international forum 14th to 16th May, over 1000 political and business groups and leaders to participate. Be patient, becoming the largest European uranium mine will drive the SP sharply higher!
These so call greenies are mentally sick people. Go back decades, if they demonstrate to stop coal/oil production, there wouldn't be a single tree left in the planet, because they all be chopped down and used for fuel etc. They pride themselves as vegetarians, if everyone becomes vegetarian, there wouldn't be enough veg to go round, all the animeal they love so much would have been starve to death. If they care about the environment as much as their false pretence, they should not allow themselves to consume ANYHONG AND EVEVRYTHING that cause damage to the environment. Dishonest to the extreme!
:-) Have a nice day.
http://www.proactiveinvestors.co.uk/companies/stocktube/6538/berkeley-energia-s-paul-atherley-updates-investors-at-the-mining-capital-conference-6538.html Sorry for off topic. Please do your own research before investing.
I hold share from UTN days. I recently came across BKY, interesting share, suggest you guys take a look. No investment advice intended, please do your own research, worth your while to look, nothing to lose.
Came across an old nov 2015 city AM press article mentioned about Shaw and ALD, if I am to buy few of these shares, which one should I go for? Advice appreciated here!
Came across an old nov 2015 city AM press article mentioned about Shaw and ALD, if I am to buy few of these shares, which one should I go for? Advice appreciated here!
Hows your indo economy doing? Flooding with foreign investments? GDP 20% and shooting up? Is it still proudly holding onto the pole position as most attractive place for mining invesement? Has China granted its "indofantasy" wish to set up Aii bank heasdquarter in its capital and appointed its FM as CEO? With fans like you, it will be centre of universe tomorrow. Keep praying, only way to achieve dreams without hard work.
2 years extension. Time to start the process to get the next extension. Can't imagine it requires a lot of money to do that.
no men, soon they will come and chop your legs off.
Once I asked a smartly dressed pick pocket why he steals? The thief answered: I am not poor but I want my family to live good life. My kids do same. Later I asked a filthy looking guy picking junks from street corners how he cope with his hardship? He answered: I work all hours to make enough money to feed my family and educate my kids. Years later, the thief bought up more thieves and the poor family kids become successful people. Then comes tragedy, jealous of others wealth and success, the thieves kill and took what never was theirs. Sad but true, there are lots of evil mind people in the world.
First the raid, arbitration , now the fire. What come next, is it that difficult to see?
Why didn't I come up with similar? Let me go to Bank of England todat and ask them to lend me its cash reserve, AND demand that it makes me vice president of the bank because I owe them most. Oh, before I forget, ask it to move its headquarter to my back yard, to the envy of my neighbours . Brilliant !
Lets be fair to the Indonesian people. When they invest in foreign countries, they need to seek local partners too , otherwise they will be driven out! FairPlay rules!