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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

Comment by Stratocheifon May 24, 2021 4:38pm
348 Views
Post# 33257643

RE:RE:RE:Energy Fuels Records $0.35 Million In Revenue, $10.9 Million

RE:RE:RE:Energy Fuels Records $0.35 Million In Revenue, $10.9 MillionYes its a little unnerving buying stock when its up about 600% from last spring pushing efr's market cap to over $1billion and they have zero revenues or profits. Where are people finding these facts that uranium is going to 60 soon?....with such confidence???? If you know something i dont id really like to hear it. Ive been hearing the same thing since 2014. And from what ive been following in recent years there seem to be untold numbers of speculator startups that hoarded massive amounts of uranium when it was selling for $20. Then there's kazataprom. How long will these people be unloading when uranium reaches $35 or so? They will make great profits. Not the producers. Time will tell. Is this gonna boom next year or in 5 years? If its the latter there will be plenty of time for sentiment to turn negative on producers again when the profits dont materialize in time. Thats the arguement against loading up the truck today. I may be wrong but the fact is the easy money has already been made here. I owned most of the miners last year but regretably not with big enough holdings to say i won. From here on its a dicy investment imo.
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