jen20200

Hi:-)I just joined this site to answer your thought/quest could not help myself when I read it....this is what I have found in my research... Global uranium fuel comsumption is est to be about 180 million pounds annually mine production is about 108 million pounds & reprocessing from spent fuel rods represent about 11 million pounds. It seems a huge shortfall in mine supply this has been my investment rationale for uranium. It is important to note that while new reactors are being built across the world old ones are being scheduled to be decommissioned …but taking all into consideration even the Deutsche Bank has concluded that 89 new reactors will start up across the globe between 2015 40 will close add the 442 by 2015 across the globe we are looking at 490 operating reactors and this is not considering the proposed reactors. And what do I believe is behind it all? “Global concern for the environment desperately needing cleaner energy using nuclear fuelâ€Â. To answer your question of “how do I see the future uranium marketâ€Â? You have just placed the greatest smile on my face my thoughts are all the way up regards from jen20200