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.
Here's the result of the meeting today.
CONTACT: Roger Hannah (404) 997
Joey Ledford (404) 997
NRC SCHEDULES MEETING IN PADUCAH
TO DISCUSS USEC GASEOUS DIFFUSION FACILITY
The Nuclear Regulatory Commission staff
has scheduled a
to discuss results
of the agency’s most recent
regulatory performance at
the Paducah Gaseous Diffusion Plant.
The meeting is scheduled for 6
eeting room of the McCracken County
Library, 555 Washington St
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
areas of safety operations, radiologica
l controls, facility support and
. 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.
nuclear fuel facilities such as USEC’s P
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
answer any questions lo
cal residents may have.”
A copy of the
for the USEC facility in P
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.
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.