Thank you
This was an "article " I read at investing.com
I have put the article on quotes because I couldn’t copy the link .
But very interesting and shows the potential of the technology internationally.
Again Greg good read. Yes I am aware of the company and it’s projects one of which is to site a SMR at the Ideho National Laboratory
( INL ) which is part of the Carbon free power project ( CFPP ) which aims to build a SMR power plant.
The CFPP intends to construct a power plant with 12 NuScale
Continued :
12 SMR Reactors each generating 60 Megawatts of Electricity providing Clean Carbon from Energy When complete.
When do you expect dividends to start and possible % yield ?
Hi Tony
Yes on the matter of Rolls Royce Dividends. They have stated in the press they are planning to reinstate Dividend payments at around 4.2p per share giving an estimated yield of about 0.9 to 1.2% but don’t quote me as that is just an Estimate but at least they are planning to reinstate them and that can only be a good move in the right direction
Good gains today! Not far off £6.00
We’ve seen the UK government favour American companies in the past, but I have my fingers crossed RR beat out the competition for the SMR contracts. Thinking of doubling my position ready for the announcement in Spring
£6.00 today
Hi Greg yes it’s good to see it going upward in the right direction my investment is up by 124.05% since I bought my first Shares way back in June 2022
It’s been a slow and steady climb but like I said it’s in the right direction
Rolls-Royce awarded £9bn MoD nuclear submarine contract Rolls-Royce awarded £9bn MoD nuclear submarine contract - Vox Markets
Yep. Great news.
Now just give RR the SMR UK contract
Yes indeed but all in good time.
This little contract will keep them going for a little while
Another landmark contract, paving the way for SMR!
Is this not the contract/PR mentioned above?
It’s not 2 x separate contracts from what I could see.
Though, not directly link to RR.
Positive news coming out around SMR’s from the UK government
Only 4 kilograms of uranium are required to power nuclear submarines for 30 years without refueling. The reactors used in nuclear submarines are based on highly enriched uranium (HEU), which contains 90% or more uranium-235. This enriched uranium can produce a large amount of energy in small quantities.
4-5 kilograms of enriched uranium can power a nuclear submarine for several decades, as nuclear fission reactions produce a tremendous amount of energy. The energy produced by the fission of one kilogram of uranium-235 is equivalent to approximately 24,000,000 kilowatt-hours.
The efficient use of fuel in nuclear reactors and the design of the reactor itself eliminate the need for frequent fuel replacements. Nuclear submarines do not require fuel replacements for 20-30 years, which is a significant technological advantage for their long-term missions.
This is why nuclear submarines have greater autonomy than conventional diesel-electric submarines.