🕐09.12.10 - 00:27 Uhr

Resource Capital Research [RCR] - Uranium Exploration and Develompent Company Review



Fortbridge Media Release
MEDIA DISTRIBUTION BY



Resource Capital Research [RCR] - Uranium Exploration and Develompent Company Review

Resource Capital Research (�RCR�), an equity research company which focuses on small and mid size resource companies, today launched its major quarterly research report covering 18 global uranium exploration and development companies.

Key Points

� The uranium spot price is US$60.00/lb, up 25% from US$48.00/lb in September and nearly 50% higher from US$40.75/lb in June.

The spot price is expected to consolidate at around current levels.
� The recent price surge has been driven by Chinese buying; and some constraints to mine supply.
� The long term contract uranium price is US$65/lb, up from US$60/lb three months ago.
� There are 479 new nuclear reactors planned or proposed globally as of Nov �10.
� Market confidence has increased in the growth outlook for Chinese reactor build following recent MOU�s and long term sales agreements announced by the Chinese with Kazatomprom, Areva, Cameco and Paladin.

Please find more details in the attached release.

RCR also publishes gold, iron ore, rare and minor metals, and copper sector reports.


To access the free summary report or to purchase the complete 92 page comprehensive report, go to www.rcresearch.com.au/reports.



For further information please contact:

Trent Allen
Rare and Minor Metals Analyst
(+61 (0) 438 873 682)


John Wilson
Managing Director
(+61- 2) 9252 9405


Fortbridge.NET is a specialist web-based service for clients ("Issuer") of Fortbridge Consulting Pty Ltd.

For all enquiries related to this announcement or any attachments, please contact the Issuer directly on the contact details provided.

DISCLAIMER: The message and attachment issued with this email may contain "forward-looking statements", which are projections that reflect the Issuer`s reasonable beliefs based on information currently available.

Although they may have been approved by qualified persons to be announced in this manner, such statements are subject to various risks and uncertainties that could cause actual results and future events to differ materially from projections expressed or implied by the Issuer.

Therefore, readers are cautioned that "forward-looking statements" are not guarantees of future performance or achievements.

Readers are also encouraged to take notice of any further disclaimers or compliance statements that may be included at the end of each announcement attached, especially those specific to different stock exchanges and their jurisdictions.

Fortbridge is a Public Relations consultancy.

The shareholders in Fortbridge may also be shareholders either directly or indirectly in the companies Fortbridge represents.

PRIVACY: You have been regarded as a relevant contact through research.

If you believe there is another member of your organization who would make better use of announcements like this, please reply to this e-mail and let us know.

If you simply wish to be excluded from our distribution list with no substitute, reply to this e-mail with the subject "Please Remove Me".

Please consider the environment before printing this document.



Products & Services | Jobs