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Energy Fuels Ord Shs T.EFR

Alternate Symbol(s):  UUUU

Energy Fuels Inc. is a critical minerals company. The Company is a producer of uranium in the United States. It mines uranium and produces natural uranium concentrates that are sold to nuclear utilities to produce carbon-free nuclear energy. The Company is engaged in the production of advanced rare earth elements (REE) materials, including mixed REE carbonate. It also produces vanadium from certain of its projects, as market conditions warrant, and is evaluating the recovery of radionuclides needed for emerging cancer treatments. The Company holds two uranium production centers: the White Mesa Mill in Utah and the Nichols Ranch in-situ recovery (ISR) Project in Wyoming. The White Mesa Mill is a conventional uranium mill operating in the US, and has a licensed capacity of over 8 million pounds of triuranium octoxide (U3O8) per year. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. It also has the Bahia Project in Brazil.


TSX:EFR - Post by User

Bullboard Posts
Comment by AndyCMCon Feb 21, 2018 11:00pm
172 Views
Post# 27599395

RE:RE:RE:Buyout is coming

RE:RE:RE:Buyout is comingWith possible sanctions coming for Russia and the petition to boost US production, local us producers will be in huge demand and may also be able to demand a premium at some point on their  U being sold to utilities. Sounds like Energy fuels has UP TO 11mil lbs capacity in all areas however will need a substantially higher spot pice to bring some of the production up to the max level. That said if in a few years we see 60,70,80 in the spot market this will be a huge winner but will keep getting held down until a sustained rally in the metal takes place, I see good thing happening once we breach $30 in spot but the real money will never when it crosses 60/70. 
Bullboard Posts