Long term $$ in the nuke sector?

[dreilly]

Hey all,

With all this buzz about potential nuclear plants in aus, and the discussion over australia doing more enrichment to the cake that we export i was wondering what this has got people thinking about as far as long/med term trades.

nukelear, its pronounced nukelear

Cheers

DR

 

[YChromozome]

australia doing more enrichment to the cake that we export

Do we do any enrichment at the moment?, or are you suggesting by more, that instead of just exporting uranium we should move into the refining and enrichment?

oh, and "potential nuclear plants in aus". As far as I know Howard is still on track with his pipedreams in the Coal Geosequestration area. I think its just the media mentioned Nuclear, and Howard who is a little bit smarter than Joe blobs the public and probably the opposition needs something to distract from the fact he is doing nothing in the area of greenhouse gas reduction.

He knows however, that it’s not economically viable, especially in Australia who has the second cheapest electricity of the OECD countries and more so when you factor in waste disposal and decommissioning, but should keep the debate running for a few years. Should anyone ask about what he is doing about greenhouse gases - we are debating Nuclear- Yes, we are actually doing something about reducing CO2 emissions.

 

[dreilly]

Im not sure if we do any enrichment at the moment. But along with the call for using nuclear energy there has been some noise from a few pollies lately about getting more value out of raw uranium by running enrichment programs.

http://www.news.com.au/story/0,10117,19215552-29277,00.html?from=rss

surely this could mean big $$ for some australian players in the future.

 

[ghotib]

1. The current buzz is party political noise. When the Minister for Finance tells you something is not economically viable and the Minister for Environment says you should leave an option on the table, you have no basis for trades of any length.

2. You want long term; wait for fusion power.

Cheers,

Ghoti