Energy Fuels Ord Shs T.EFR

Alternate Symbol(s): UUUU

Energy

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.

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Energy Fuels Ord Shs

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Comment by idodiligenceon Dec 28, 2018 9:10pm

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Post# 29167093

RE:RE:RE:RE:Hate to tell you but I told you so...

I read that too but it's been the utilities argument from the beginning. It's unclear who has more influence over the Commerce Department but as I also said before...232 IS NOT a "done deal"

UUUU would argue that there's plenty of uranium and that they can meet the demand with a couple of years of ramp up. Maybe

The bottom line is this.....The stock market is in serious trouble, UUUU is a stock, 232 is not a done deal, vanadium price is plunging and the global economy is headed for the ditch

I am refraining from any new positions in UUUU until and unless 232 passes. I would rather pay $4 for a certain monopoloy than pay $3 and have it cut in half to languish for a couple of years there.

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