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Lightbridge Corporation (LTBR)

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Dan Thunderbolt, Mar 15, 2019.

  1. Dan Thunderbolt

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    Here are the most notable quotes from the Q1 CC past Friday. The next few weeks will be very interesting for sure. The stock could easily double or more if the right news hits.

    "As we have discussed previously, we submitted a new grant application to the U.S. Department of Energy in late January 2019 and we expect to hear back later this quarter. Our business is not dependent on these grants however if a DOE Grant is awarded, it will help accelerate our project timelines through the Enfission JV with Framatome.
    Just last month, the gateway for accelerated innovation in nuclear or GAIN initiative of the U.S. department of energy, office of nuclear energy announced that Framatome, Inc. had been awarded a nuclear energy voucher to help accelerate licensing of the Lightbridge Fuel design. This GAIN nuclear energy voucher further validates DOEs support for our technology which bodes well for future opportunities. DOE established gain to provide the nuclear community with technical, regulatory, and financial support to advance innovative nuclear technologies toward commercialization.
    While our focus is on developing fuel for large Western pressurized water reactors Andrey mentioned the 17x17 reactors, we're also seeing increased interest in Lightbridge Fuel for other types of reactors. We expect to have upcoming news on this subject."

    “We're working on potential new membership, overseas membership, I think very significant relating to the Nuclear Utility Fuel Advisory Board. And we're expecting what could be fairly near-term news relating to an additional kind of reactor and interest in our fuel and how we think that might also help with the Department of Energy.

    “Well, as we mentioned, we are moving forward expeditiously with discussions to finalize this first utility agreement. It is going well. While I realize investors are anxious for the details, we are limited by strict confidentiality obligations as to what we can disclose right now. But what I can say is that we are following an established process that we expect will result in this lead test rod contract with a major U.S. nuclear utility this year. We expect this will be the most significant milestone our company has yet reached. And we will communicate the details as soon as we are able to do so under the confidentiality or operating under. Unfortunately, that is all we can say right now.”

    "In February, as discussed on our last call, I was grateful to have had the opportunity to meet with President Trump and discuss Lightbridge Fuel and how the U.S. nuclear power industry helps bring the strongest nonproliferation, safety and security standards to global markets.
    We also discussed the strength of nuclear suppliers from across the U.S. industry and how these strengths contribute to the domestic industrial base that is vital to American companies competing and winning overseas."
     
  2. Dan Thunderbolt

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  3. Dan Thunderbolt

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    Enfission Announces Addition of EDF Energy to its Nuclear Utility Fuel Advisory Board
    May 20, 2019 08:55 ET | Source: Lightbridge Corporation
    RESTON, Va., May 20, 2019 (GLOBE NEWSWIRE) -- Enfission LLC, a joint venture of Lightbridge Corporation (NASDAQ: LTBR) and Framatome, today announced that EDF Energy, a subsidiary of Électricité de France S.A. (EDF Group), the largest owner and operator of nuclear power plants around the world, has joined its Nuclear Fuel Advisory Board (NUFAB). Roger Float, Nuclear Fuel Strategy & Commercial Manager, will represent EDF Energy. EDF Energy is a diversified energy company in the United Kingdom, including a portfolio of nuclear power stations plus new reactors under construction.

    NUFAB was formed in 2011 comprising senior fuel managers from leading electric utilities that account for approximately 50% of the installed nuclear capacity in the U.S. With the addition of EDF Energy, NUFAB now includes leading commercial nuclear operators both in the U.S. and internationally.

    http://www.globenewswire.com/news-r...-its-Nuclear-Utility-Fuel-Advisory-Board.html
     
  4. Dan Thunderbolt

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    Enfission Appoints Eugene Dongweck, Jr. as Chief Financial Officer
    RESTON, Va., May 22, 2019 (GLOBE NEWSWIRE) -- Enfission LLC, a joint venture of Lightbridge Corporation (LTBR) and Framatome, today announced the appointment of Eugene Dongweck, Jr., CPA, as Chief Financial Officer.

    Seth Grae, Chief Executive Officer of Enfission, stated, “We are pleased to welcome Gene to the Enfission team as Chief Financial Officer. He brings over two decades of experience in the nuclear sector, having served in senior finance roles with Framatome. Moreover, he brings tremendous compliance and governmental experience, which will be valuable as we advance our activities with the Nuclear Regulatory Commission, the Department of Energy and major utilities.

    https://finance.yahoo.com/news/enfission-appoints-eugene-dongweck-jr-132355582.html
     
  5. Dan Thunderbolt

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    Lightbridge Executive Chairman Ambassador Thomas Graham Selected to Co-Chair Newly Formed Nuclear Energy and National Security Coalition
    GlobeNewswire•May 23, 2019
    RESTON, Va., May 23, 2019 (GLOBE NEWSWIRE) -- Lightbridge Corporation (LTBR), a nuclear fuel technology development company, today announced that Ambassador Thomas Graham, Executive Chairman of Lightbridge Corporation, and Admiral Richard Mies, fourth Commander in Chief of the United States Strategic Command from 1998 to 2001, were selected to co-chair the Nuclear Energy and National Security Coalition (NENSC). NENSC was founded by the Atlantic Council Global Energy Center in order to increase awareness about nuclear energy as a cornerstone of national security.

    https://finance.yahoo.com/news/lightbridge-executive-chairman-ambassador-thomas-123000702.html
     
  6. Dan Thunderbolt

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    On May 23, 2019, Lightbridge Corporation (the “Company”) received notice from the U.S. Department of Energy (DOE) that the Company’s 2019 grant application to DOE was not approved. A copy of the notice is furnished as Exhibit 99.1 to this report.

    https://www.sec.gov/Archives/edgar/data/1084554/000147793219003129/ltbr_ex991.htm

    The only good part is that Lightbridge is eligible to resubmit their application for future quarterly submittals. Hopefully they will get the grants after reapplication once they have signed the contract with a major electric company that will be using LTBR's metallic rods.
     

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