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USEC Inc. Message Board

  • tiger850 tiger850 Apr 23, 2013 3:06 PM Flag

    NRC Usec Meeting...April 25th

    Any MB locals attending?

    The Nuclear Regulatory Commission staff has scheduled a public meeting in Piketon, Ohio, on April 25 to discuss results of the agency’s most recent review of USEC Inc.’s American Centrifuge Lead Cascade Facility.

    The meeting is scheduled for 6 p.m. at the Comfort Inn, 7525 U.S. 23 in Piketon. The meeting will be open to the public and the news media, and NRC staff members will be available to answer questions after the business portion of the meeting.

    T

    Sentiment: Strong Buy

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    • bozonator@rocketmail.com bozonator Apr 25, 2013 3:09 PM Flag

      Here's the result of the meeting today.
      No. II
      -
      13
      -
      0
      28
      April
      2
      5
      , 20
      13
      CONTACT: Roger Hannah (404) 997
      -
      4417 E
      -
      mail:
      OPA2@nrc.gov
      Joey Ledford (404) 997
      -
      4416
      NRC SCHEDULES MEETING IN PADUCAH
      TO DISCUSS USEC GASEOUS DIFFUSION FACILITY
      The Nuclear Regulatory Commission staff
      has scheduled a
      public meeting
      in P
      aducah
      ,
      Ky.,
      on
      May 2
      to discuss results
      of the agency’s most recent
      review
      of
      regulatory performance at
      the Paducah Gaseous Diffusion Plant.
      The meeting is scheduled for 6
      :30
      p.m.
      in the
      m
      eeting room of the McCracken County
      Library, 555 Washington St
      .
      ,
      Paducah.
      The meeting will be open to the
      public and the news
      media, and NRC staff members will be available to answer questions after the business portion
      of the meeting.
      The NRC staff assessed USEC’s performance
      from Jan. 1, 2011
      ,
      to Dec. 31, 2012
      ,
      in the
      areas of safety operations, radiologica
      l controls, facility support and
      special topics
      . The NRC
      staff review determined that USEC continued to conduct its activities safely and securely,
      protecting public health and the environment.
      The NRC found no areas needing improvement during the perform
      ance review period.
      Due to that performance level, NRC inspections at the facility during the next review period are
      being conducted at the normal level of inspection for this type of nuclear fuel facility, and no
      additional inspections are required.

      The
      NRC inspects
      nuclear fuel facilities such as USEC’s P
      aducah
      facility and monitors
      their performance on an ongoing basis,” said NRC Region II Administrator Victor McCree. “We
      issue inspection reports and hold these meetings near each facility to discuss our
      oversight and
      answer any questions lo
      cal residents may have.”
      A copy of the
      review
      for the USEC facility in P
      aducah
      is available on the NRC website.

    • Someone ask how they can justify Billions funding Green businesses that have NO chance of succeeding due to higher product cost than competitive alternatives or a lack of interest or available market to support the product while refusing to grant JUST a loan guarantee to a Green company with a profitable track record investing billions of its own funds into a needed product that impacts national security. Their reasoning to fund failing businesses is like a scene from Bizzaro World from Seinfeld.

    • One step of many more to come. Too bad none of these things seem to be able to help PPS. At this point, all shareholders must hope that the balance sheet restructuring does not hurt current equity and actually helps them as the restructuring is surely a means to an end. The means being the necessary capitalization and stabilization of USU finanncially and the end being the receipt of the $2m loan guarantee from DOE on American Centrifuge Facility.

      • 1 Reply to kingedxxxxx
      • Thanks King...right the NRC safety issues will not likely be an issue. The restructuring and ACP are the keys. With the cash on hand the restructuring might surprise us favorably? Bottom line is do you believe nuclear energy is going to stick around or not? Do you believe ACP after 10+ years of development will succeed? Will Russian SWU keep company afloat? Will Silex co-exist with USEC? Well, I think answers are yes. So at .30 cents/share low risk and high reward potential. It does require a huge amount of hope, faith and .patience. Not much of that around in the trader world. Reward could be huge. Right now seems like a 50 to 1 long shot at the race track. But 5 years from now? Hang in there.
        T

        Sentiment: Strong Buy

 
USU
5.69+0.17(+3.08%)Jul 31 4:02 PMEDT

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