Please reload

Recent Posts

A nuclear future means clean, reliable and economic electricity

April 21, 2015

1/2
Please reload

Featured Posts

A nuclear future means clean, reliable and economic electricity

April 21, 2015

The DFS, which confirmed the robust economics of Norasa, has been favourably received by long-time followers of Forsys and individuals involved in the capital markets who are familiar with the uranium sector. Most encouraging was the positive reaction at the Mines & Money Conference in Hong Kong. Contacts that I met there are generally optimistic on the prospects for uranium prices given the ongoing build-out of nuclear reactors around the world.

 

 

It has been a few months since I last posted as I have been fully committed to the completion of the Norasa Definitive Feasibility Study that was published in March 2015.

 

More recently, I have had time to look at industry articles and one that struck a chord was a post by Milt Caplan, the President of MZ Consulting Inc. I refer you to the full article at http://mzconsultinginc.com/?p=735.

 

The key message is that the nuclear power industry is beginning to recover four years after Fukushima and the significant increase in investment is being led by China. This sentiment was echoed in the interactions that I had with portfolio managers, investment bankers and sell-side analysts that I met in Hong Kong.

 

Yet against this positive backdrop, Germany continues to shut down reactors and will likely close its nuclear power

industry by 2022. The negative impact on climate and quality of living in Europe by reverting to an increased reliance on coal is well explained in the article. Although no mention was made of Japan, the slow restart of the greater majority of their nuclear plants mirrors this development. In Japan’s case, the issue is further exasperated by the increased cost of power and resultant negative impact on the Japanese economy.

 

It amazes me that time and again I read about the fear of nuclear power disasters and the overstated likelihood of such an event. The media coverage generally ignores the many positive aspects of having it as a part of the mix to meet the future demand for global power and maintaining our desired quality of life on earth. The debate is worthwhile and fairly stating the case for and against is not always the case and should be.

 

More positively, Germany is not a world leader when it comes to nuclear power. China, India, South Korea and many other countries with emerging economies are committed to a clean air future and the delivery of inexpensive energy.

 

Please refer to the Legal and Privacy page for information on the Company’s Forward Looking Statements and Disclaimers

 

Please reload

Follow Us
Please reload

Search By Tags
Please reload

Archive
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

© 2020 by Forsys Metals.