RE: RE: I don't imagine a rival bid Everything I said was true, can you plese elaborate as to which info is flase?
Truth- Kepco owns 60% of Waterbury (J-zone)
Truth- Kepco owns part of Denison
So based on these truths, it makes sense for DML to acquire the rest of Waterbury (40%)
For example, in 2010, KEPCO’s six major initiatives including a
takeover of the Bylong mine in Australia have secured 24 million
tons of bituminous coal per year and another four projects including
acquisition of stakes in Canada-based Denison have acquired in
1,040 tons of uranium per annum, which has made KEPCO’s selfsufficiency
rate go up to 28%, 11% up from 17% in 2009.
Resource explorations offer a stable supply of fuels for power
generation and create extra profits arising from takeovers of
overseas mines.