Anglo Pacific Share Discussion Threads

[haydock] 26/10/2012 11:57

THOMAS DROLET: Well, right now it's well known in the industry, or your premium supply industry that there's a lot of chit chat about the impending shortages coming at us in the uranium business because of the advent of the closure of the contract between Russia and the States for what's commonly called the megatons to megawatts program which is now just approaching 10 years old - from 2003 to the end of 2013. The Russians have declared that they will end that programme on time at the end of next year. Now it's supplying in the order of 24m pounds of U308 or uranium oxide to the system today and if that programme ends, so goes the logic, then there'll be quite a shortage of uranium emerging with time. I don't see it quite as clearly as some do that way. What I'm getting at is that there are lots of national stockpiles of U308 in the major nuclear power countries. No one country will allow its nuclear power system to not be able to generate the need for electricity and go short of uranium. So I see nation states standing behind their particular nuclear power systems during any impending time of shortage. Secondly there are elements of that megatons to megawatts warhead programme that actually have contractual commitments within that 10 year programme that will carry some of those deliveries through for another five to eight years. So the shortages that people think of, the deficit of the 24m pounds, will not happen that suddenly. In fact, the real shortage in 2014 may only be somewhere in the six to seven million pounds a year. However, that's just background. If we go ahead and believe, as I do, that China, India, the Middle East as the dominant builders of nuclear power systems over the next 10 to 20 years, there will be a gradual emergence of a shortage of uranium. So this is a time when some of the big uranium companies, the chemicals, the Camecos, the Arevas of this world will start to look at the ability to acquire smaller uranium companies that are well situated on high concentration deposits. The leading areas are of course, Canada, the Athabasca Basin, Australia, some parts of the US - they're the ones that have the high concentration uranium zones. Kazakhstan, The Czech Republic - other areas as far as uranium supply and Africa of course, parts of Africa especially in the interior, great uranium supply zones. But they're much lower concentration and I think that the juniors that will get snaffled up will be the ones on the high concentration areas.

GEOFF CANDY: So you're likely to think there'll be some consolidation then and these mines being built by the big guys rather than the juniors.

THOMAS DROLET: I do believe that. The juniors you know it's akin to the process that happens and has happened for decades in the oil and gas industry. The juniors are the ones that take the risk with risk-related equity and debt money and go out and do the initial drilling, the initial finding of it, be it oil, gas or in our conversation here, uranium and then once they ascertain that they've got good proven and probable reserves, a natural process of acquisition takes place by intermediates and the big buys and that's the way I believe it will turn out in the uranium industry going forward. Right now many of the juniors are on their knees, financing capability is tight, and so I do see an era of acquisitions coming at us quite quickly.

GEOFF CANDY: Well it's going to be interesting to watch if nothing else...

[noslien] 15/10/2012 16:09

sry ... due an update

[noslien] 15/10/2012 16:09

So much for the Cloud and bullish signals this looks like a steady decline to me. I suppose we are do an update soon. Do these dips mean someone already knows what the news is I wonder?

[pineapple1] 12/10/2012 14:25

Cool.Lets hope that these bullish signals result in higher prices.
I like the model of the Royalty companies fundamentally.

[haydock] 12/10/2012 13:15

5 Bullish signals since AUG, last one on the 11th OCT.
Well above the cloud.

[pineapple1] 12/10/2012 11:59

Ah yes the cloud. Do you use this for trading signals.
Certainly of interest for sure.

What does the cloud say about APF

[haydock] 12/10/2012 11:43

Since you are watching the charts, perhaps this would be of interest:
Try APF:

[pineapple1] 12/10/2012 09:00

Thanks Haydock, i.ll be watching....

[haydock] 12/10/2012 08:53

pineapple1

Unless you are in a hurry, you will probably join the rest of us here for good.
You did well to find this company, it is so hard to understand.


Keep an eye on the undervalued, hardly valued CDN. coal.
Once thought to be the jewel in the crown & progressing now.
Good to haer your chart prediction.

Keep an eye on Piedro's thread above for the technicals & wiki for the holdings.

[pineapple1] 12/10/2012 08:31

Well bought 2 x 1500 today first thing (one shows as a sell as below mid). Small position to see how it goes as never been in this before.
I like the chart with the inverse head and shouders and back test of the neckline.Classic stuff so lets see if it plays out with a target north of £3...imho

[shavian] 10/10/2012 16:04

It's a risk-off week, and speculative sectors sell off more quickly. Simples! (how do you write a meerkat squeek phonetically?)

[noslien] 10/10/2012 12:03

Steep fall recently, much more than the market. Any ideas anyone?

[christh] 08/10/2012 10:26

A large buy went through 112,000 shares.
News probably expected or a pension fund investment.

[haydock] 03/10/2012 08:58

Mining, infrastructure needed to help Canada stay competitive - BC Premier

British Columbia coal, copper and other mined commodities are helping to support the world's largest-ever urbanization in Asia with eight new mines and nine expansions targeted by 2015.





Author: Dorothy Kosich
Posted: Wednesday , 03 Oct 2012

RENO (MINEWEB) -

Mining revenues have grown by 20% to C$8.6 billion in British Columbia since the introduction of the BC Jobs Plan last year, B.C. Premier Christy Clark observed Tuesday.

In an address to the University of Calgary, Clark advocated "responsible development of resources" as a cornerstone "for bringing Canada into the next century, into this century and making sure we can compete."

"It's the cornerstone of our BC Jobs Plan, and because we've been focused on resource development, it's the reason we are number one in job creation in the country right now," she stressed. The BC Jobs Plan is British Columbia's economic development plan, which emphasizes building the future for eight key sectors including mining.

"Mining is an area where we have set some pretty ambitious targets. We're planning to build 17 new and expanded mines by 2015," said the premier, who highlighted B.C.'s Red Chris Mine in her speech, calling it "one of the top mining deposits anywhere in the world."

"When I became premier, I said I wanted people all around the world to know that you can do business successfully in British Columbia. You can work your way through the public policy issues, the First Nations issues and that you can make a profit if you come to our province," Christy observed. "So we've been working really hard to take the Red Chris mine, which has been an idea for longer than it's been a fact, and help it get to fruition because resource development is what powers our province too."

"It's what puts people to work, and it's what funds health care and education and all the things that we care about," she stressed. "A significant part of our progress in British Columbia comes from people like [Red Chris investor and Calgary resident] Murray Edwards; it comes from investors and people who are located right here in Calgary."

"We've been aggressive in trying to make sure we are creating the right investment climate in our province," Clark observed. "Our personal and corporate income taxes are the lowest in Canada, at least in personal income taxes up to $120,000 a year."

Clark also noted that B.C. citizens have invested C$22 billion "to upgrade our rail, our ports and our road infrastructure. That is nation-building because that is how we make sure that Alberta goods, Saskatchewan goods, and Ontario products get to market."

"You cannot build an economy, a private-sector economy, in a small trading nation if you don't build the infrastructure to make it move," Clark stressed. So those investments that we have made are creating jobs in British Columbia, they're creating jobs in Alberta, and they're creating jobs all over Canada."

[nielsc] 02/10/2012 14:21

Germany have 9 nuclear power stations which are being phased out.

China have 25 in construction and India 7 in construction.

China have a further 51 planned and India 18.

So it is fair to say that the demand for Uranium is going to rise as supply of Uranium declines.


Cheers,
Niels

[nielsc] 02/10/2012 14:14

Housemartin,

From the top of my head I believe the weapons grade uranium coming from Russia will last for around another 2 years.

Germany may well be closing nuclear power stations, but that is far outweighed by China and Indian nuclear power stations being built.

Cheers,
Niels

[housemartin2] 02/10/2012 12:36

As I understand it, the HEU supplies come from Russia's ex military stockpiles. These are still large I am led to believe (true ?)
So is it possible that if the HEU is extended and coupled with the latest hysteria over nuclear power, resulting in Nuclear Power Station closures,the demand for Uranium may not improve if not actually weaken ?

[christh] 01/10/2012 15:13

it will test 300p and probably 310-315p

[steeplejack] 24/9/2012 08:02

Devotees of Anglo Pacific's mining franchise approach might like to look at Franco Nevada listed on the NEW YORK EXCHANGE (FNV)

[shavian] 14/9/2012 11:08

And the share price reacting accordingly, also with POG.

[haydock] 12/9/2012 14:56

RNS:
The Royalty expected to rise in tandem with Queensland Government.