Since we held our 2011 year end call six weeks ago and the annual meeting of shareholders was just last week, I am going to keep my remarks this morning brief. So we can get to your questions sooner. But I do want to give you an update on three essential topics for our business. Our view of the nuclear fuel market, the potential extension of Paducah through one-year multi-party arrangement and our effort to obtain federal funding for the DOE proposed research, development and demonstration program known as RD&D.A year ago, the natural disaster in Japan was fresh on everyone’s mind. Despite the devastation of the earthquake and tsunami and the issues with the Fukushima plant, no one in the industry was predicting that only one reactor in Japan would be operating in May 2012. Japanese regulatory officials are making a careful inspection of every reactor, including those taken offline for scheduled routine maintenance.
USEC's CEO Discusses Q1 2012 Results - Earnings Call Transcript
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