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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 shiftmanon Feb 26, 2013 10:31am
152 Views
Post# 21042521

RE: RE: RE: Two Things

RE: RE: RE: Two Things

when i talked to IR about a month ago he stated if we do a reverse split it would bring our market cap down he stated which is not in our best interest at this time.

My concern was it would swipe out small shareholder

then he mentioned about the mill permit not building the mill because they don't have the money, and will not consider doing it until uranium prices recover and he stated we really don't need it because they can ship ore to the white mesa mill.

however a phone call can confirm that the board has or has not changed their minds

* i remember asking if we would get a heads up as too a rev split and the answer not a clear yes or no.

 

 

 

Bullboard Posts