PEN 3.64% 5.7¢ peninsula energy limited

Targey price Revision HC Wainright & Co, page-69

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    Well of course utilities are going to resist something that restricts their ability to do what they want and which might increase costs. That's a total no-brainer... but they aren't going to shutter nuclear plants, that's the most obvious bluff ever...

    What they are trying to do is either;
    a) get the 232 dismissed or watered down (no chance on the former, some on the latter) or
    b) get some concessions or protectionism of their own (this is more likely their goal since the actual uranium is such a tiny part of the plant cost)
 
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