Hello Pezz, Today’s Report: Taikun alerted me to this item …
“Monday, February 07, 2005
ENERGY Resources of Australia is to be prosecuted by the Northern Territory's Department of Business, Industry and Resource Development as a result of water and vehicle contamination breaches at its Ranger uranium operation, 250 kilometres east of Darwin …”
… and so I dumped my sharply appreciated shares of the same uk.finance.yahoo.com at AUD 9.40+ , perhaps temporarily depressing prices by just a bit. I figured why take a chance, even though the rise in uranium pricing on contract renewal and the strengthening USD ought to mitigate any negative effect of the trumped up charges or genuine issue.
My ERA was purchased at Message 20491001 AUD 4.64 on September 6th, 2004, and so I book a modest gain of … let me see … oooh, 103% without accounting for AUD exchange rate gain. This ought to do for 5 months of anxiety-free waiting.
<<If it breaks down I'll buy more>>
... this is precisely what I was trying to explain to Snowshoe on the housing, except in reverse or inverse or some such verse.
Speaking of Snowshoe, I wonder how far he is from the epi-center news.yahoo.com
"Small Alaska Village Eyeing Nuclear Power
Fri Feb 4, 1:51 AM ET Business - Reuters
ANCHORAGE, Alaska (Reuters) - Fed up with the hassles of importing expensive diesel fuel, residents of one interior Alaska village are trying to install a miniature nuclear reactor that advocates say could be a model for clean energy production in remote sites.
... Tribal officials from around the region and environmentalists say they are suspicious of the nuclear proposal.
"Why is Toshiba doing this, giving it away for free, trying to foist this experimental technology on rural Alaska when they can't even license this in Japan?" said Pam Miller, program manager for Alaska Community Action on Toxics, an Anchorage-based environmental group."
The people of Alaska seem unusually suspicious towards progress :0)
May the Force be with you on INNO, and may you not have to add more :0)
Chugs, Jay |
