Still billions to spend and commercialisation is a decade away. ITER has absorbed 10’s Billion and is years away so for SMR as a secure mid term strategy it ought to be secure, but then we have a clueless government.
It’s refreshing to see marketing getting good news circulating over the last few months. The likes of SWS take a very conservative view on the sp prediction and company value. Certainly seeing more +ve these days. Once the investors start to see that the risk for RR is vastly reduced and dividends reappear the SP ought to rocket, but then this is RR and it seems to do the opposite
HL did the same a few days ago. Ran an article in the telegraph saying it was one for retail customers to run from. Another day the summation on their site said hold or buy as it’s going to go ^ not down ….. a day apart! Frankly I’m sure no one understands this share but it’s currently going in the right direction
RE: Jail whole conservative government6 Oct 2022 15:57
The EDF deal surely was to get that ongoing debacle on the coast actually finished. SMR ought to be a no brainer with so many now ex nuclear sites with grid connections available. Bradwell will never get built by the Chinese and it’s a huge site ready and waiting. I doubt planning would be an issue there
dividends (as well as a clear profit) needed to make this move upwards and that isn’t happening this year sadly. Still as long as we’re not vapourised in the next month or two the next set of results should be healthier
They just need to get the treasury on the same page, all the words in the world sadly are worth nothing until the treasury commits. Once the SMR’s are running 24x7 lots of hydrogen too
Inky I feel your pain! I’ve averaged down from that to 111, it’s absorbed a lot of dry powder to get that far down. The exposure is painful, long term it’ll come right I’m sure.