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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
Comment by uranium123on Jul 14, 2019 4:00pm
147 Views
Post# 29918413

RE:RE:You dreamers are all wrong...

RE:RE:You dreamers are all wrong...you all can do a little research: check what price these U companies used when they wrote 43-101 technical report. the price they used is: 65 dollars.
 yes, 65 dollars might be good enough for them to run that "Single" mine, but if you look the details of assets, overhead... 65 dollars can break even... good luck.
ALL U companies in USA are in surviving mode, but their CEOs are all making big money.
 I am not againist or support Uranium business here. As an insider before, I know exactly how these companies are running.
 simple math: you can find out how much money each company has rasied and how many pounds they has produced.. 
if you want to  play long run, buy stock from real producer, Cameco.
Bullboard Posts