Following on from the decision by the Northern Territory Government to allow a uranium exploration project, Independent federal MP Bob Katter has called on the Queensland state government to overturn the ban.

Bob Katter said;

“So the alternatives really are very simply, mine uranium, and if you don’t then you are doing the wrong thing by the people in north west Queensland, you’re doing the wrong thing by the people of Queensland and Australia and you’re most certainly doing the wrong thing by the planet as well,”

No doubt there will be a lot of opposition to this call but we think he is bang on. Not because we own some uranium stocks but because we believe it is the only answer for most countries energy needs with maybe the exception being New Zealand.

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Have a good one.