@Chez Spigelman: Initially we looked at creating a basket of nuclear energy based companies (looking for broad exposure to the theme). We've refined our position since and would be happy to have a conversation if you wanted to give us a call.

On An overlooked commodity with huge catalysts -

@Richard Vivian, you make a fair point. The cost of building a nuclear power station is materially higher than an oil/gas/coal plant. The advantage that nuclear energy has over the long term is that its highly efficient, it has low cost inputs, and its carbon footprint is incomparably smaller than other traditional base load energy sources. I think a simple look at global users of nuclear power is the best measure of value: France generates over 70% of their energy from nuclear, and have done for more than 50 years. Their carbon footprint and electricity bills are among the lowest in the developed world. As battery technology improves we may be able to have a discussion about comparing renewable sources, but we are not there yet. Nor can we know what advances will be discovered to improve traditional energy in the future.

On Like buying oil at $20 a barrel -

@Hew Mills There are not a lot of ways to invest in the space. I'm not aware of many funds that have exposure to uranium at all. If you give me a call I'm happy to discuss how we built exposure in our Fund.

On Like buying oil at $20 a barrel -