Kbridge Energy Corp. (BMMCF)

[enthalpy]

The initial $2 billion dollar is for 2 small nuclear plants in Saudi Arabia with future plans to build another 12-16 nuclear plants!


Yes getting shares in this thin thin float is next to impossible unless you slap the ask! I hope he picks up another 300k under 6 cents

Nuclear Plant Stocks to Benefit from Saudi Deal...Meritz Securities
March 05, 2015 03:08 l March 05, 2015 08:31

On the news of Korean-made nuclear reactors to be sold to Saudi Arabia, nuclear plant stocks were on the rise. At 9:01 am on March 4, the shares of KEPCO Engineering & Construction were traded at 54,300 won, up 7.52 percent (3,800 won) from the previous day. Other stocks such as Woojin Inc., Doosan Heavy Industries, and Korea Plant Service & Engineering also rose 1-4 percent on the day.

On the previous day, President Park Geun-hye signed a protocol for bilateral economic cooperation with Saudi King Salman bin Abdulaziz Al Saud to export two small-sized nuclear reactors worth US$2 billion.

Meritz Securities analyst Kim Seung-cheol said, "In the latest Korea-Saudi Arabia summit meeting, the two leaders agreed to build two 100-megawatt small-sized nuclear reactors in Saudi Arabia and work together in exporting the technology to other countries. Given the Middle Eastern nation plans to build 12-16 reactors in the future, this is a big advantage for Korean builders to win additional orders."

He added that the stocks that would benefit most from this would be KEPCO Engineering & Construction and Korea Plant Service & Engineering. The consortium encompasses four members including Korea Electric Power Corp., Korea Hydro & Nuclear Power, and Korea Nuclear Fuel, as well as Korea Plant Service & Engineering.

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