OTCQB:UEXCF - Post by User
Post by
droid8805on Jan 28, 2008 11:30am
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Post# 14272910
South Africa cuts power to Namibia
South Africa cuts power to NamibiaThe grid in SA is in serious peril. You can bet that now that power exports to Namibia have been cut off that Nam Power is in dire straits as well. I expect to hear that Rossing production will be affected and if so the spot price should start to move up in a hurry. Not to mention the production in SA is going to be lower as well. It is nice to see the South African government realizes a massive nuclear program is the only long term fix. Here is the link:
https://www.world-nuclear-news.org/newsarticle.aspx?id=14998