Strathmore Resources - SMR - A uranium play Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strathmore Resources - SMR - A uranium play

SMR 32.46

-14.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Ilchyshn who wrote (26)	11/24/1996 3:11:00 PM
From: John Fairchild	of 162

I agree Jim, we are a global market but I wanted to point out the domestic situation. I have done zero research into world demand but certainly any country not rich in alternative fuel source nuc would appear to be their most economic option over near term. The thing that kills it here (North America)is the extreme high installation, long, long pay off and how is the retirement cost absorbed (de-commisioning following unit life). To give you an example fuel costs for a Candu reactor is less than CAN$5 (can't say how low in case any power marketers are lurking) per Mw (1,000,000 watts), coal is dependant on source (sulfur content), $14 - $23 per Mw, Oil mid to high $30. Gas - low to very high (spot demand - or contract). Note: Candu's use very low grade fuel. No upgrading is required just refinement to suspend in pellet form. The American breeder on the other hand uses fuel which goes through a huge amount of costly upgrading (almost bomb grade). Anyways happy to share with you. PS - I have been keeping my eye on SMR as I too believe they have great potential. John._

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next