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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Post by idodiligenceon Jan 29, 2019 5:47pm

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Post# 29293263

UUUU needs $50 contract prices..not going to happen..

We will see high 30s spot this year but at that point the cheap production will come online. Without 232 UUUU is a goner. All US miners will be done for. The expectation of $60+ is not going to happen absent some shock or confluence of events. UUUU has no contracts and won't for a long time without 232 in their favor. The Vanadium is meaningless. I wouldn't tie up a dime in this stock until 232 is announced in their favor which is far from a done deal. I would however and do own URPTF as it benefits with every penny increase in spot and has no execution risk at all.

Sorry to burst your bubbles but it's not going to happen without 232

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