Claude - they cant go in the desert, they need to be within close proximity to the baseload area. They also need copeous quantities of water. Hence why japan runs them on the coast.
http://www.aph.gov.au/library/pubs/rn/2006-07/07rn12.pdf
Back on to AUT, done my buying for the week, time to watch tv as the lemmings watch thier stocks and panic. Enjoy the show. Dont just be a lemming, make your own judgments.corn:
Not so. Central Australia was used for atom bomb trials. At that time I was a trainee industrial chemist and we were working on trials extracting rare earths from Monazite. Monazite also contains thorium. We discovered radioactivity in local milk, supposedly from fall out, when testing the process for radioactivity. Fallout was detected all over NSW.
Dust storms regularly send inland dust over Melbourne and Sydney. Sometimes as far as New Zealand.Sparsely settled east coast areas are the only possible choice but even those have their NIMBYs.
Maybe thorium based generation with its low radioactivity and safer characteristics is worth investigating.
Last night AEF in TSX closed at $2.880
Change: 0.270 (10.34%)Volume: 1,092,387
This morning company announcement: Harbour Advisors (Canada) increased holding from 25,000,000 to 30,495,632, voting power at 7.6%.
Most markets were positive last night, Today's AUT should have a good run.
Not sure why 7.6% ownership by Canadian company and therefore concentration on tsx stock (somewhat inaccessible to minnows) is a good thing but ready to be enlightened!
I was looking at some valuation ratios of AUT compared to its contemporaries yesterday and it looks to me like the SP run we had before the carnage of the last week or two was pretty much contingent on a)the number of big brokers pushing the stock and b) the very positive internet forum sentiment.
As a business there are much better buys out there in O&G but they dont have the sentiment push AUT has had. Stock may continue to climb quickly after this current mess is sorted out but I would expect to see some sharp peaks with this one.
I was looking at some valuation ratios of AUT compared to its contemporaries yesterday and it looks to me like the SP run we had before the carnage of the last week or two was pretty much contingent on a)the number of big brokers pushing the stock and b) the very positive internet forum sentiment.
As a business there are much better buys out there in O&G but they dont have the sentiment push AUT has had. Stock may continue to climb quickly after this current mess is sorted out but I would expect to see some sharp peaks with this one.
A great close today up over 11%, glad I took the dip to double my holding's in this stock.
yeh you did well, i would have done the same if i had money. Opportunities like that are hard to find. Everyone panicking provided that opportunity. Very nice/ needed jump today, hopefully we will soon be back at previous highs and then more...imo aut has been very oversold lately
more good update from stoxline
I'm really keen to make an entry into this stock at around the $2.85 mark (Why didn't I just buy it yesterday???). Any chance of a small blip downward toward the mid-low 2.80 mark sometime next week, or is the general consensus just blue sky from now on?
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