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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 Jan 01, 2011 10:40pm
335 Views
Post# 17915552

RE: Decision Time

RE: Decision TimeI don't think governments ever "have to" make a decision by a date certain to satisfy private companies or their shareholders.  A decision is scheduled and anticipated for January.
         
    
As for share price upon permit approval, I have no idea what "we think" the share price should be.   If you've been following this stock, you know that it is trading at a price not seen for a very long time.  Were you around for all the months at 20 cents?  or even 16 cents when we were all despondent?    So the rise to 80-90 cents may mean the approval is already price in and we won't see any increase at all after approval.  Heck, maybe it will even go down.  It has gone down before on good news.
         
    
My interest is what will the share price be a year or two down the road, when financing for the mill is acquired and the approved mines go into production or get into the process of production.   
Bullboard Posts