Has he presented the plan for the company yet? Anybody?
Right...in 5 years stock has LOST 99.8% of it's value. IE your 100 dollars is now 20 cents. Nicely done if you shorted.
The Power Reactor Information System states that 23 nuclear reactors are currently built in the country, with a further 26 under construction. While the figure of 1,000 might thus seem like a stretch, it highlights the essential need for power that China is facing. The nation’s electricity demands are expected to rise roughly 46 percent by 2020 and double by 2030.
While nuclear power only accounted for 2 percent of the country’s power in 2011, investment in the space has significantly increased since then, marking it as a favored method of energy production by the Chinese government.
URA is at all time low...hmmm...long term INVESTORS...not the smuck traders, will do well.
When price of "LEU" Uranium goes up. Then ACP is feasible again. It will, just everything in nuclear industry is SLOW.
Nuclear power took a significant step forward in Japan after the city assembly of Satsumasendai voted to restart reactors one and two at the Sendai nuclear power plant.
The two reactors are the only ones to have passed the Nuclear Regulatory Agency’s stringent new safety standards. Those include safeguards against various natural disasters as the country looks to limit any incident reminiscent of the Fukushima disaster. With uranium prices up roughly 28 percent over the last three months while stocks have traded down 22 percent, Talbot sees this as a perfect entry point for investors to get back into the uranium market. To hold hold M.ganz. today 10-28-14 9:17 am nuclear news. I have tracked this stock since dirt. Where it is currently residing.
What: On Thursday morning Silex Systems Ltd (ASX: SLX) came out of a trading halt and its shares plunged a staggering 39%. The stock is now down 91% over the past five years; in comparison the S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) has gained 36.6%.
The cause of yesterday’s fall was a market update regarding its licensee’s plan to change the pace of the commercialisation program for the Silex-based laser enrichment technology.
So what: The announcement is a significant blow for Silex and its shareholders and the slashing of the firm’s share price acknowledges this fact. Silex is reliant on its licensees commercialising the technology for which it would earn a royalty – without commercialisation it’s hard to see how Silex will turn a profit.
Now what: In some ways it’s hard to believe that world-leading laser technology with applications for cheaply and efficiently producing “clean” nuclear energy should be struggling to get funding and be developed. At a time when many governments around the world are focussed on reducing their nation’s carbon footprint, Silex should have a bright future. However, a combination of factors instead make the current outlook for Silex rather dim.
Lesson for investors
There is an important lesson in the rise and fall of Silex’s share price for investors. The incredibly exciting technology Silex has developed, led to the company being valued by the market at a hefty $1.7 billion in June 2007. Today the market capitalisation is less than $100 million – a decline of over $1.6 billion in value.
Truly this is off the radar screen for the investment world. Nobody wants the cigar butt laying on the ground. (Warren Buffet) . So now is the time to pick it up and wait. When demand picks up for LEU this ETF should be fine. And it will.