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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 Dave4444on Mar 09, 2016 4:13pm
261 Views
Post# 24640637

RE:RE:RE:selloff is overdone

RE:RE:RE:selloff is overdone
Sell of was far over done, it is even trading below the issue price for the new shares. Actually, considering the funds raised the dilution is much less than 10% and the company will now have increased assets of about $14 million, so really I see the impact of the dilution as being in the 2 to 3% range, so the sell of was insane. Obviously, there could be a small over hang at C$3.20, the issue price if buyer wish to resell at a quick small profit, but that is it. Last week the same thing happened to TV when it issued shares 20% below mark, but the shares were over subscribed and now the shares are trading right back where they were before the dilution. People who bought on the panic, like I did, made a quick 20% in about a week. So I was in buying today below C$3.00 as it is a steal at these prices given the outlook for the company and for uranium.
Bullboard Posts