Also I saw Iran is shipping LEU to Russia...so might we get Iranian LEU in our US reactors? Hmm..
Again...next 10 years relies on margins on Russia price vs Centrus Retail price. Build out of ACP relies on Gov loan guarantee of some $4b, LEU prices to double, and 10 years to scale. This $100M is simply paddles to a 4th heart attack. Wish it weren't so. Entire USA infrastructure blows and this is a drop in the bucket what USA needs to do to be world leader again. USA first...19T debt, military, and ISIS are my basis for voting.
If I read this right...If Silex doesn't kill LEU then Fusion will? As always thanks for posting interesting reports.
Silex is in same boat...."current uranium prices will not support investment in global new capacity today". Way back with reverse splits etc paid $272.90 per share now 1.40 per share. Loss of 99.48%. It was like getting a college education in nuclear energy. LEU is practically a worthless penny stock.. I sure hope they can make money redistributing Russian fuel. Anybody know the secret sauce for what the margin is? That will be the ONLY thing that keeps these guys open for a few years.
Sentiment: Strong Sell
Sure looks suspicious that Nov 17 NYSE sends LEU a non compliance and stock drops $.25. Yet the news didn't hit the streets until Nov 23rd. Really guys. What's the matter with these thieves?