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Lightbridge and Areva join forces on metallic nuclear fuel
16 March 2016
Lightbridge Corporation has entered into a Joint Development Agreement with Areva NP to assess establishing a joint venture this year for the development, manufacture and commercialization of fuel assemblies based on Lightbridge's "next generation" metallic nuclear fuel technology. The parties will share the cost of the work scope to be performed under the JDA, with Areva contributing in-kind for its share of the costs.
In a statement yesterday, Virginia, USA-based Lightbridge said the two companies are to agree on the terms and conditions to complete the remaining scope of work, as well as a technology licensing arrangement and other agreements needed to form and operate the joint venture company. The companies have agreed to work exclusively together in the area covered by the JDA, which will remain in force until the formation of the joint venture or 31 December at the latest.
But no, Chess says its a SCAM along with 4 Knuckleheads and their thumbs up!
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Fuel market report working group
A form 4 was filed today by Thomss Graham. He bought 2,000 shares or 1,200 dollars worth of stock. Now why do you do that? Is Tom 15 years old and putting away for a new baseball glove? No, Tom does this NOT because he believes in the company but because similar to everything at LTBR it's not about substance BUT optics. For years all they have done has been done to create the illusion of value, all the while stock is down 95% over the same period. Seth knows there is nothing here but to keep his job, to occasionally fly 1st class, to garner what modicum of respect he can, he surrounds himself with an illustrious board (none of whom ever buy shares); he flys to places like Monaco to accept statutes while no self respecting hedge fund located in his backyard will give him a nickel; and he asks occasionally an insider to buy a nominal amount of shares every now and then with the same hope- that retail will look on at this with a sense of validity. But it's all smoke and mirrors and always has been. It started with Thorium it will end with metal fuel rods. Stock basing here at .65 cents only to make its final descent.
Any contracts on the horizon for NLST?
Found it from your posts, have yet to read the recent annual report.
Will they need imaginary fuel? Because if the plants in Vietnam need drawings of nuclear fuel rods that have never been built or tested then LTBR is in tremendous shape.
Vietnam''s first nuclear power plant to open by 2028
Posted at: Mar 18 2016 3:03PM
Vietnam's first nuclear power plant will be put into operation by 2028.
According to a plan approved by Prime Minister Nguyen Tan Dung, nuclear power plants will be developed in Vietnam to ensure stable future power supply when domestic primary energy sources are depleted.
The capacity of nuclear power in Vietnam is set to reach 4,600 megawatt (MW) by 2030 while some 32.5 billion kWh of nuclear power will be produced, accounting for 5.7 per cent of the country's total electricity production, reported Xinhua news agency.
Lightbridge Corp has become the first US company to work with the Vietnam Agency for Radiation and Nuclear Safety (VARANS) following their signing of a memorandum of understanding to develop the administrative, legal and regulatory infrastructure required to support Vietnam's nuclear power program.
In fact, one of the questions was put by Gary Sharp who used to work for LTBR in IR. These guys are so desperate! Somebody ask why if things are so good and the share price not reflecting the good news nobody at LTBR will buy a share? Why oh why? Could be that that this is has been one long scam!
What idiot is asking this question- in 4 years when your making 120 million dollars what will you do with all that money? Did Seth pay this moron to ask this question? Why can't Seth say- well that's putting the horse before the cart. No no Seth actually corrects this idiot and says, well actually we will be making quite a bit more than that. No no this guy was a plant. Nobody is this dumb. Nobody. Not even Bud!