Had a look at Thorium some time back and the use from RE activity is a total furphy. 1. Thorium reactors should have been chosen 50 years ago but they don't generate weapons material so were by overlooked. Would take 10/20 years to get them established and Pebble based reactors are far more developed as an alternative - think graphite. 2. They run on relatively tiny amounts of Thorium 3. There are far richer sources available than RE production for the small quantities required.
Interesting way of looking at it - actually 30:1 Confident of a good multiple from Lynas over the next 2/3 years but what would the CUX SP be worth if they actually made production?
Next few updates will be v interesting. GL
CUX Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
