Not sure if this has been dicussed.
What are others thoughts on the govt and there verdict on the U issue?
Mine personally is the govt will say no.
In a nut shell if the majority of the public are against it the the govt is too.
Pat this has been discussed over and over agian and again in previous posts on this thread. Some states are more U friendly than others. Just have a read at the previous posts and you will soon get a good idea.
Cheers!
Champ
New question.
What do you guys think will occur in the following days after the ann?
Me, a drop in u stocks on the aussie market. Stocks with prospects out of Australia (Africa etc.) take better advantage of the world U "climate".
Anyone else?
Oh i think that the stocks are going to go up, then down a little then up again, but then later they will come down again.
http://au.biz.yahoo.com/070425/31/17fa1.html
Scientist questions nuclear future
Wednesday April 25, 2007, 11:00 am
Uranium has been a hot topic of late, but one environmental engineer believes nuclear energy does not have a justifiable place in Australia's future.
Labor will be discussing whether to abandon its long held ban on new uranium mines this weekend at the ALP's national conference, while Prime Minister John Howard has made it clear he believes nuclear power is part of the solution to Australia's future energy needs.
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But Monash University's Dr Gavin Mudd, an environmental engineer who specialises in the mining sector, believes nuclear energy, which currently supplies around 17 per cent of the world's energy needs, will not have a significantly bigger role in the future.
"I think there's alternatives such as renewable technologies, there's solar thermal, there's biomass, there's now photovoltaics, there's wind," he said.
"There's a whole range of technologies combined with energy efficiency which can supply peak demands and which can meet our energy needs."
Industry Minister Ian Macfarlane said last year that almost 30 new nuclear power reactors are being constructed in 11 countries including China, India, Russia and Finland, and the recently released Ziggy Switkowski report had a full page on plans for new reactors in Asia.
But Dr Mudd says the reactors being built now are replacing those that are closing down.
"Over the same time frame, a lot of reactors are going to be decommissioned in the West. There were six reactors in the West that were decommissioned on December 31, including four in the UK," he said.
"I think ultimately, they're not building new reactors in the West, they're building reactors in sort of centrally-planned economies, and the one new reactor that they've ordered in the West over the last several years in Finland is significantly behind budget and also behind time."
"I think there's real issues there that over the same time frame of which they're supposedly going to expand nuclear power, a lot of the existing ageing reactors will also be decommissioned."
Dr Mudd says the 57 per cent rise in uranium prices is puzzling.
"I don't think anyone I've seen has a good answer for why the uranium price has hit the sort of magnitude that it has," he said.
"A lot of mining industry analysts are also asking about this bubble at the moment, about what is causing this price. I don't think anyone ever predicted the price would go this high."
Excuse the ignorance, I haven't been following the discussion in this thread or the debate at large so this argument may not be relevant or new. Just came across this article today which puts forward an interesting view on the supposed high demand for and high price of uranium.
what has all the talk about nuclear power got to do with uranium supply? we are just supplying a commodity, the price of the commodity/demand for it is the only thing we need to know.
these explorers will benefit from uranium friendly countries that dont hinder economic progress with ridiculous red tape stopping development and growth.
Despite the giant bull Uranium we do need to take care as Uranium.com rises way beyond realistic prices.
I think I might start a company called "Uranium in my backyard Ltd". With 1 hectare of land and a bucket and spade, afterall, it is North East of the Oxiana find.
I'm using the very new "state of the art technology", which must remain secret, to complete my surveying from the roof of my property, and straight away I can report numerous anomalies that appear quite near the surface. Previous exploration has been carried out by my Great Grandfather, who told me that there's gold and silver in that there land.
So I'm offering shares at just $1 dollar each and at any moment I expect the Board of Directors of Palladin to come through my front gate.
No need for expensive drilling rigs. I infact started digging this evening, but my spade handle broke and the local store was sold out of spades. Probably due to the rush by others with adjoining backyards.
Daft it may all seem, but take care my friends.
if they scrap policy then SA explorers will rocket.
So I take it that means you would have no problem with a nuclear power station being built next door to you - yes or no?
Disagree. SA U mining to be approved is old news. Followers of U stocks have known about this for a while now.
Buy on rumour, sell on fact. I don't think there will be much movement at all in these stocks once the ann is made by Rudd. It's all a game of perception rather than reality at this ALP conference.
SA will change and the market already know this.
I agree. And I think QLD and WA grass roots explorers may be hurt. Hope I'm wrong for holders there.jiminy i think anticipation of the policy been dropped is been priced in not confirmation if you think that SA uranium stocks have already had their run if policy is dropped then i think you are mistaken.
a change in policy will confirm what market thinks and send these stocks an another run IMO
I agree. And I think QLD and WA grass roots explorers may be hurt. Hope I'm wrong for holders there.
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