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.

TSX:EFR - Post by User

Energy Fuels Ord Shs

Bullboard Posts

Comment by fergus2on Nov 25, 2013 10:56am

328 Views

Post# 21938056

RE:RE:RE:care and maintenance

Quaker;

Concerning the "lock ins" you refer to. The smart ones will, and in the end, they all will. But the spot (which is the minor part of this market, will perforce, move first,- and that will be the tipping point for end users to initiate lock ins. Just wait and see.
Everyone wants to price their fixed supply contracts off the spot market low and that's why everyone waits. Once that low is established in everyone's mind they'll move, and the competitive aspect of how this plays out will make it move fast.

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