Energy Fuels Ord Shs T.EFR

Alternate Symbol(s): UUUU

Energy

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 DarkerKnighton Mar 05, 2013 8:59pm

201 Views

Post# 21083700

RE: RE: RE: Share consolidation

I dont think it is a good time to have a reverse split, due to the fact that the uranium price is still very weak. if the shares consolidated and if there is still no signs of stronger U price then the share will drop down in a faster rate, look at URRE it is a great example. I am not a big fan of reverse split ; they just suck your fund away slowly if done incorrectly in a poor market.

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