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Gold/Mining/Energy : WWS.T World Wide Minerals -- Ignore unavailable to you. Want to Upgrade?


To: traacs who wrote (672)2/18/1999 6:10:00 PM
From: marcos  Read Replies (1) | Respond to of 784
 
Quite encouraging that usecc got a settlement from the same outfit - #reply-7886329



To: traacs who wrote (672)2/19/1999 12:01:00 AM
From: Nicholas Rainford  Read Replies (1) | Respond to of 784
 
When WWS applied for a uranium export license to the United States, the Kazakhstan government had to refuse because Nukem already had sole exclusive export rights for that country. So WWS secured a contract in Taiwan, which was also refused export- WHY? You guessed it, Nukem had sole exclusivity.

IMPORTANT- How many other countries does Nukem sole exclusivity too???
A court injunction against Nukem to export uranium from Kazakhstan? Could happen.

A few posts ago, I wrote kazakhstan exported $250 million a year in uranium, HUH WRONG - I got it out of a report that was originally published in Russian then translated to english- sorry about that.
But, for the last 6 years Kazakhstan has exported USD$17 to $25 million of uranium each year. Except for the 1997 year which seemed to have increased uranium export sales to over $50 million, wonder why?

I agree with Klaas; of a greater upside in price.

Also, Nukem just lost an appeal (against USU) a few weeks ago in a U.S. court. WWS with an out of court settlement, I'll put my money on it.