Berkeley Energia Limited (DI) (BKY)

Sector:

Mining

 13.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 38.00
  • 52 Week Low: 13.50
  • Currency: UK Pounds
  • Shares Issued: 445.80m
  • Volume: 0
  • Market Cap: £60.18m

Saudi could have enough uranium ore to produce own nuclear fuel

By Caoimhe Toman

Date: Thursday 17 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Saudi Arabia could have enough mineable uranium ore reserves to kickstart its domestic production of nuclear fuel, according to confidential reports from China that were seen by the Guardian.
The reports were prepared by Chinese geologists, who have been scrambling to help Riyadh map its uranium reserves as part of their nuclear energy cooperation agreement.

The geologists worked to identify reserves that could produce over 90,000 tonnes of uranium from three major deposits in the centre and northwest of the country.

The next step will likely be a more intensive investigation in three areas identified as high priority, to confirm reserve levels, and the economics of extracting them.

Saudi Arabia's interest in its uranium reserves is part of its step towards "self-sufficiency" in producing clean fuel for an energy programme.

Although, according to the Guardian, this raises concerns about Riyadh's interest in atomic weapons as the surplus could lead the kingdom to the creation of its own weapons programme. There are also concerns about the kingdom's lack of transparency.

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BKY Market Data

Currency UK Pounds
Share Price 13.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 38.00
52 Week Low 13.50
Volume 0
Shares Issued 445.80m
Market Cap £60.18m

BKY Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
31.18% above the market average31.18% above the market average31.18% above the market average31.18% above the market average31.18% above the market average
4.62% above the sector average4.62% above the sector average4.62% above the sector average4.62% above the sector average4.62% above the sector average
Price Trend
34.28% below the market average34.28% below the market average34.28% below the market average34.28% below the market average34.28% below the market average
11.89% above the sector average11.89% above the sector average11.89% above the sector average11.89% above the sector average11.89% above the sector average
Income Not Available
Growth
64.01% above the market average64.01% above the market average64.01% above the market average64.01% above the market average64.01% above the market average
71.88% above the sector average71.88% above the sector average71.88% above the sector average71.88% above the sector average71.88% above the sector average

BKY Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

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