Baytex Energy Corp T.BTE

Nuclear power …

[Frank007]

Ther is lots of yellow cake ...that is not the problem with nuclear ....it takes 24 years to  plan and build a reactor ....22 years just renovate the Bruce reactor in Ontario ...by the oil will be $300 a barrel as no investment means no supply ...where do you want to put money ,..me. It's oil and gas ,.l

[Greenday]

@ Frak007 - Oil may hit $300 a barrel at some time in the future but uranium is presently the flavour of the day.  Uranium is actually in short supply and demand for uranium is inelastic, meaning demand does not drop as it price increases because nuclear power plants cannot substitute uranium for other fuel.  That being said,  $100/lb uranium means nothing in operating cost to a

[Greenday]

@ Frank007  -  This is a chart of what the price of uranium does when it's in short supply and for a number of reasons it's presently in short supply with no relief in sight for at least 2 years.  https://youtu.be/qcRloh2grMk?si=j5mhwR_RKaEpl8zx&t=255