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Why Invest in Uranium shares? (Present intention about 10%)
Nuclear power offers the only economically viable, environmentally friendly and long-term sustainable alternative to hydro-carbons. Governments now recognise the benefits of nuclear energy in providing emission-free and cheap electricity generators.
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There are currently 441 reactors in operation with a 40% increase of 178 further reactors planned or proposed. In the coming decade many more reactors are likely to be installed.
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Rapidly growing demand cannot be met by planned mining output. There are few new economically viable mining prospects. Near-term producers are attractive takeover targets for utilities seeking to secure supplies of nuclear fuel.
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