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Re: None

Friday, 09/29/2006 8:39:08 AM

Friday, September 29, 2006 8:39:08 AM

Post# of 7609
Global Uranium Companies...

BYBUF, CVVLF, UNOFF

Uranium market highlights:


-- The spot uranium price is US$53.25/lb, an increase of 33% compared
with 3 months ago.
-- The uranium price is forecast to reach US$65/lb by mid 2007, an
increase of 22% over the current spot price and US$88/lb by late 2008, an
increase of 65% over the current spot price.
-- The near end of the "forward" curve, i.e. US$65/lb, appears to be
priced into shares that have current or near term production potential
(next 3 years) and where sales contracts allow spot market participation.
-- 180 new nuclear power reactors are currently proposed or planned world-
wide, which compares with 441 nuclear power reactors currently in
operation.


Uranium companies highlights:


-- The market valuation of our selection of 69 Australian uranium juniors
is down 1% in the past month, up 25% over 3 months and up 47% over the past
year.
-- By comparison, the market valuation of 93 selected Canadian uranium
juniors is down 6% in the past month, up 9% over the past 3 months and up
85% over the past year.
-- Following the April 2006 agreement between Australia and China that
clears the way for uranium sales to China, Chinese investment in Australian
uranium juniors looks set to continue.
-- Development of Australia's fourth uranium mine, Honeymoon (SA, SXR),
is proceeding.
-- A number of junior uranium companies are expected to announce
decisions to develop uranium projects in 2007.

http://biz.yahoo.com/iw/060929/0167807.html




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