Friday March 02, 2007 | ${log.root}/lowem.log Inflation, Investing and Everything |
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Ux Consulting Company, LLC and TradeTech have increased U3O8 prices US$10 to a record US$85 per pound. This US$85 spot price marks a new record for uranium confirming research analysts' predictions that mine production continues to fall short of demand, and that inventories being sold into the market reflect the supply-demand deficit. As of December 2006, there were 435 reactors currently in operation producing 368,246 Mwe of power. There are 28 reactors under construction, 64 planned and more than 158 have now been proposed globally with more added every month. "Uranium is in a super bull cycle, fueled by supply shortfalls amid rising demand as the world increasingly turns to nuclear for clean, commercially viable, long term energy solutions. Today's increase in the spot price is a reflection of the uranium shortfall and provides investors with added confidence in the uranium sector," says Mr. Gomez, President of U3O8 Media. See also : 1. Uranium prices hit $75 (2007-03-02 12:55:08 SGT)
[Energy]
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For my own reference : 1. V-Kool packages and their differences For the Mystique package : Front – J83 Rear – VK40 LTA requirements : ... JPJ requirements (Malaysia) : * Visible light for front windscreen must be more then 70%, side & rear windows must be more than 50% (only applicable for Malaysia) (2007-03-02 12:45:58 SGT)
[Tech]
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Most popular blog postings on lowem.log : 1. Singapore SIBOR interest rates fall to 1.5%, lowest since Dec 2004 Featured articles on lowem.log : 1. ABC Guide to Beating Inflation in Singapore and Elsewhere |
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