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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: russet who wrote (9321)3/19/2007 3:44:16 PM
From: TheSlowLane  Read Replies (1) | Respond to of 30349
 
I expect it may get increasingly difficult to sell a reactor without several years supply of fuel written in to the contract. From a recent StockInterview article:

"While many turn to Europe for guidance about nuclear energy, Russia has moved forward with its former states in reviving nuclear energy in those countries, and may emerge as a champion in Africa to replace AREVA’s long-standing dominance in that continent. Russia has been actively pursuing uranium mining interests and enrichment services in order to fuel those reactors they plan to construct. The strategy be one suggested by Sprott Asset Management’s Kevin Bambrough, several months ago, whereby Russia offers a package deal of nuclear power plant construction and the enriched uranium to fuel the reactors. By controlling the entire nuclear fuel cycle, Russia is likely to emerge as the leading force of this nuclear renaissance before the end of this decade."

stockinterview.com