GREY:DTEMF - Post by User
Post by
my2bitson Oct 02, 2006 8:11am
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Post# 11447911
Equity Research Repont on Global Uranium Co.
Equity Research Repont on Global Uranium Co.Equity Research Report on Global Uranium Companies
Friday September 29, 7:00 am ET
https://biz.yahoo.com/iw/060929/0167807.html?printer=1
Uranium market highlights:
The spot uranium price is US$53.25/lb, an increase of 33% compared with 3 months ago.
The uranium price is forecast to reach US$65/lb by mid 2007, an increase of 22% over the current spot price and US$88/lb by late 2008, an increase of 65% over the current spot price.
The near end of the "forward" curve, i.e. US$65/lb, appears to be
priced into shares that have current or near term production potential(next 3 years) and where sales contracts allow spot market participation.
180 new nuclear power reactors are currently proposed or planned world-wide, which compares with 441 nuclear power reactors currently in operation.