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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (9953)	10/28/2014 3:09:47 PM
From: Goose94	Respond to of 202936

Nuclear Power Programs Restarting in Japan Nuclear power took a significant step forward in Japan after the city assembly of Satsumasendai voted to restart reactors one and two at the Sendai nuclear power plant. The two reactors are the only ones to have passed the Nuclear Regulatory Agency’s stringent new safety standards. Those include safeguards against various natural disasters as the country looks to limit any incident reminiscent of the Fukushima disaster. In a research note, Dundee Capital Market analyst David Talbot wrote that the news could possibly provide a boost for the price of uranium. “Despite five plus years of stockpiles in the country we expect Japan to honor existing contracts and likely continue to contract uranium in an effort to maintain relationships with producers that often take years to nurture,” he said. However, the outcome of the vote doesn’t necessarily mean the reactors will restart right away. According to The Guardian, the two reactors must pass operational safety checks, and officials in the prefecture must give their approval for both of them to be restarted. As a result, the reactors are unlikely to be restarted until early 2015. With uranium prices up roughly 28 percent over the last three months while stocks have traded down 22 percent, Talbot sees this as a perfect entry point for investors to get back into the uranium market. The only dark spot is that some local municipalities are still not keen on the idea of nuclear power plant restarts, with 15,000 residents of nearby Ichikikushikino signing a petition opposing nuclear restarts.