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Energy Fuels Ord Shs T.EFR

Alternate Symbol(s):  UUUU

Energy Fuels Inc. is a critical minerals company. The Company is a producer of uranium in the United States. It mines uranium and produces natural uranium concentrates that are sold to nuclear utilities to produce carbon-free nuclear energy. The Company is engaged in the production of advanced rare earth elements (REE) materials, including mixed REE carbonate. It also produces vanadium from certain of its projects, as market conditions warrant, and is evaluating the recovery of radionuclides needed for emerging cancer treatments. The Company holds two uranium production centers: the White Mesa Mill in Utah and the Nichols Ranch in-situ recovery (ISR) Project in Wyoming. The White Mesa Mill is a conventional uranium mill operating in the US, and has a licensed capacity of over 8 million pounds of triuranium octoxide (U3O8) per year. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. It also has the Bahia Project in Brazil.


TSX:EFR - Post by User

Bullboard Posts
Post by MegaMAxTZon Sep 28, 2018 2:23pm
157 Views
Post# 28711025

UUUU February 2011 and December 1 20006 to March 30 2007

UUUU February 2011 and December 1 20006 to March 30 2007Energy Fuels has quite the history as well as a number of other remaining Uranium companies. These 2 periods of time looked to be quite explosive.

Have been around the U space since 2013 so missed these 2 periods of time. Assume a number of folks here experienced and rode these last 2 waves ?? 

February was pre Fukushima - if that event had not ever happened Uranium would still be at a price north of $ 50/LB right now I believe.

And 2006/7 was the last big wave with Cigar Lake floods etc.

And now in October of 2018, the stars are really aligining again. UUUU has Vanadium coming on line - Uranium will be $ 35/LB by year end and shortages becoming more serious and more LT contracts expiring and more Utiities coming back to the market and 232 decision getting closer and few more Japan/Chinese reactors coming on line with bigger plants using more LBS per.....

UUUU was $ 60 + in Feb 2011 - anybody with some fun recap history ??

MM
Bullboard Posts