Energy Fuels Ord Shs T.EFR

Alternate Symbol(s): UUUU

Metals & Mining Industrial Metals & Minerals

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.

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Energy Fuels Ord Shs

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Comment by PUNJABIon Jan 11, 2013 10:08am

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Post# 20825171

RE: RE: Reverse Split

If they do a reverse split now it will wipe out the present shareholders. After the reverse split of 10 the share price would jump to about $1.70 with 10 times less number of shares. Based on history of the other stocks the stock would drop below a $1.00 & become a penny stock again. Present shareholders tend to would lose a chunk of their value.

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