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Energy Fuels Ord Shs T.EFR

Alternate Symbol(s):  UUUU

Energy Fuels Inc. is a critical minerals company focused on uranium, rare earth elements (REEs), heavy mineral sands (HMS), vanadium and medical isotopes. The Company is a producer of natural uranium concentrate, which owns and operates several conventional and in situ recovery uranium projects in the western United States. The Company also owns the White Mesa Mill in Utah, which is the fully licensed and operating conventional uranium processing facility in the United States. The Company also owns the operating Kwale HMS project in Kenya. It is developing three additional HMS projects, including the Toliara Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia, in which the Company has the right to earn up to approximately 49% interest in a joint venture with Astron Corporation Limited. The Toliara Project is located in south-west Madagascar, 45 kilometers (kms) north of the regional town and port of Toliara.


TSX:EFR - Post by User

Bullboard Posts
Post by Goldqueen3on Jul 13, 2019 5:54am
157 Views
Post# 29916458

Here's the bottom line...tarrifs or subsidies..

Here's the bottom line...tarrifs or subsidies..Trump cannot mandate $55 uranium.  He could still impose tarrifs or decide to subsidize the industry like the Post Office.  A subsidy would probably require congressional approval and be in the budget. (more waiting and in fighting) 

Maybe nationalize the entire industry whatever is left of it?  Build government processing plants and take over the mines running them like the Post Office?  I doubt it.

So some kind of "life support" is probably the outcome. A small tarrif as a compromise. Big deal.

UUUU and URG stay on a morphine drip, become marginally profitable unless and until the natural price of uranium exceeds $55...don't hold your breath

I maintain that no US uranium miner is worth the risk now. Move on. Gold miners are where it's at. There's not going to be any windfall here for a long time.
Bullboard Posts

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