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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
Comment by thamnosmaon Mar 18, 2010 1:49pm
291 Views
Post# 16899178

RE: is pinion ridge priced in for a negative outco

RE: is pinion ridge priced in for a negative outcoThat's a very good question.  Ages ago the idea was to process the ore at Denison's mill if a price could be struck.  Those negotiations didn't pan out and EFR decided the best deal was simply to wait for Pinon Ridge to begin mining and processing.  I don't know where that leaves us now.  There was no question the environmental groups were going to litigate this mill as long as possible, EFR knew that and as a shareholder you should have expected it.  Delay will be the name of the game.  This will keep the share price in the toilet for an extended period, sadly.  So unless there is a change in strategy back to working with Denison, provided they are even interested or have capacity, EFR won't be mining any ore, much less processing it.  Again sad because we are permitted for mining.   We are at 21 cents today.  This is dead money for us longs and I'm sure most people on this board are quite underwater as I am.
Bullboard Posts