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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

    Dan Thunderbolt Active Member

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    We need some good news here. The general overall sentiment for nuclear is very positive as nuclear energy is CO2-free.

    It is a waiting game until this stock will breakout. We are getting closer day by day...
     
    TomB16 likes this.
  2. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Current Market Cap is well below cash.

    Lightbridge Retains Porter, LeVay & Rose as its Investor Relations Advisor of Record
    January 30, 2020 09:00 ET | Source: Lightbridge Corporation

    Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “With our increasing operational and industry momentum, coupled with growing interest among the U.S. investment community,...

    https://www.globenewswire.com/news-...its-Investor-Relations-Advisor-of-Record.html
     
  3. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  4. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Congressional Testimony Highlighting Benefits of New Lightbridge Nuclear Fuel Technology

    [​IMG]

    At the March 3, 2020 House Committee Energy and Commerce hearing on advanced nuclear’s role in a decarbonized future, Jeff Merrifield of US Nuclear Infrastructure Council notes the benefits of new Lightbridge nuclear fuel technology for both existing and new reactor designs.

    The Congressional Hearing was on "Building a 100 Percent Clean Economy: Advanced Nuclear Technology's Role in a Decarbonized Future.
     
  5. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  6. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    16 March 2020
    “Developing next-generation nuclear technologies will help us meet our energy and climate challenges, which is why we support the legislation proposed by @ConorLambPA and @RepNewhouse.” – CEO Seth Grae
    https://twitter.com/LightbridgeCorp/status/1239529347955990529

    H.R. 6097, the Nuclear Energy Research and Development Act
    https://science.house.gov/bills/hr-6097-the-nuclear-energy-research-and-development-act
    Lightbridge
    “Developing next-generation nuclear technologies will help us meet our energy and climate challenges, which is why we support the legislation proposed by Rep. Conor Lamb (D-PA) and Rep. Dan Newhouse (R-WA). By encouraging development of advanced nuclear fuel and reactor designs, this legislation would reinforce America’s leadership in a strategic sector.” – Seth Grae, CEO
     
  7. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    How Long Is Lightbridge's Cash Runway?

    A company's cash runway is the amount of time it would take to burn through its cash reserves at its current cash burn rate. When Lightbridge last reported its balance sheet in September 2019, it had zero debt and cash worth US$21m. Importantly, its cash burn was US$6.4m over the trailing twelve months. That means it had a cash runway of about 3.2 years as of September 2019. There's no doubt that this is a reassuringly long runway. Depicted below, you can see how its cash holdings have changed over time.

    https://finance.yahoo.com/news/heres-why-were-watching-lightbridges-122608992.html
     
  8. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Link to the recording of yesterday's conference call.
    https://ir.ltbridge.com/events-and-presentations

    Best news:
    According to the CEO, Corona should have little impact on LTBR business. No reason not to reach the set milestones.

    Terminated JV with Frameatome:
    No information on the advice of the lawyers due to the ongoing arbitration process. In my opinion, this can become a wildcard for LTBR due to possible claims for damages.

    Current price levels with a market cap of $ 8 million are quite low considering the cash balance of $ 18 million. Government support is pretty high. Work with the Idaho National Laboratory will begin soon.
     
  9. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    At the current price and a market cap below $8 Million this company has lots potential imo even despite Corona.

    Edited Transcript of LTBR earnings conference call or presentation 18-Mar-20
    https://finance.yahoo.com/news/edited-transcript-ltbr-earnings-conference-055242288.html

    Here are some notable excerpts.
    • We ended fiscal year 2019 on a high note, poised to enter a new phase of our company's development with our first funding award from the U.S. Department of Energy, DOE, a voucher from DOE's Gateway for Accelerated Innovation in Nuclear or GAIN program to support development of Lightbridge Fuel in collaboration with Idaho National Laboratory. … We believe that demonstrating excellent performance under the GAIN voucher will be helpful for our future grant applications.
    • Based on our contract with Idaho National Laboratory and others, at this time, we do not foresee issues relating to COVID-19, coronavirus slowing or postponing the work relating to the GAIN voucher. Facilities at Idaho National Lab are spread out over about 900 square miles. So it's a relatively easy place for people to stay apart. People who need to work on computers and offices, we hope, can work at home.
    • Everyone in our company can work from home, and we are prioritizing everyone's safety.
    • We believe the timing couldn't be better for Lightbridge to benefit from this historic bipartisan support for nuclear energy from the federal government.
    • Our balance sheet remains strong with a working capital surplus at December 31, 2019, of $18.1 million. … We are reducing our overhead spend for 2020. … Cash used in our operating activities for the year ended December 31, 2019, was approximately $6.7 million.
    • (consulting project with a nuclear regulatory authority overseas that will bring in some revenue) This seems to be moving forward. We're waiting for the overseas authorities to start work with us.
    • In the last several weeks, we've been working with the Idaho National Lab on the contract for the GAIN voucher work. And we expect to complete the contract and to begin work on the project in the coming weeks.
    • In parallel with our efforts under the GAIN voucher, we expect to separately contract with INL and others for the HALEU material and fabrication of the sample coupons for the experiment.
     
  10. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    As previously mentioned there is a possibility for Lightbridge to obtain compensation for the damage incurred by multi-billion Dollar company Framatome concerning their terminated Joint Venture Enfission. The arbitration process at the International Chamber of Commerce should be relatively straight forward and conclude in a timely manner.

    02/07/2020

    https://ih.advfn.com/stock-market/N...stock-news/81704826/current-report-filing-8-k
    Lightbridge Corporation (the “Company”) today announced that it has filed a request for arbitration (the “Arbitration Request”) in the International Court of Arbitration of the International Chamber of Commerce against Framatome SAS (“Framatome”). The Company has undertaken this action in order to obtain, inter alia, a declaration that the R&D Services Agreement, dated November 14, 2017, by and among Framatome (formerly known as AREVA NP S.A.S), Enfission, LLC (“Enfission”) and the Company (as amended by Amendment Number One, dated January 25, 2018, and Amendment Number Two, dated June 20, 2018, the “RDSA”) was validly terminated and is no longer in force, and to obtain compensation for the damage incurred.

    International Chamber of Commerce

    https://iccwbo.org/dispute-resolution-services/arbitration/procedure/
    The date on which the “Request for Arbitration” is received by the Secretariat of the ICC International Court of Arbitration, including ICC Global Headquarters in Paris or our regional offices in Hong Kong or New York (SICANA Inc.), will be deemed the start date of the arbitration.

    As soon as the “Request for Arbitration” is complete and the filing fees are paid, the counsel that has been assigned the case transmits the “Request” to the other party or parties. It is the party or parties who must send the “Answer” (or Answers) to the “Request,” together with any counterclaims, within 30 days.

    Article 31:
    Time limit for the final award The Court will, at the outset of a case, fix a time limit for the final award based upon the Arbitral Tribunal’s procedural timetable. If no such time limit specific to the procedural timetable is fixed, the time limit for the final award will initially default to six months from the date of approval or last signature of the Terms of Reference. The Court can extend the time limit for the final award.
     
  11. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Current share price levels are very low imo considering the market cap of $6 million and their cash of $18.0 million at December 31, 2019. Cash used in 2019, was approximately $6.7 million.

    Should make a bounce in the coming weeks imo.
     
  12. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Nice trading volume to start the day. This stock is very undervalued at current levels imo...
     
  13. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    I am convinced that we have seen the bottom. The current market cap is below 50% of their cash.
     
  14. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    GAIN vouchers offer new opportunities to nuclear industry developers
    Posted March 17, 2020
    https://inl.gov/article/gain-vouchers-offer-new-opportunities-to-nuclear-industry-developers/

    The latest companies to receive GAIN vouchers are Hydromine, Inc., of New York, New York, and Lightbridge Corp. of Reston, Virginia. Hydromine will leverage PNNL’s expertise with high-temperature ultrasound to demonstrate the feasibility of online structural health monitoring of susceptible components in lead-cooled reactor heat exchangers. This could support extended periods of operation and limit shutdowns for inspection and maintenance. Working with INL, Lightbridge has designed an irradiation experiment for the Advanced Test Reactor that will allow it to measure important thermo-physical properties of its patented advanced fuel technology.
     
  15. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  16. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    From the current share price level I believe 100% upside is easily possible with supporting news ...

    Edited Transcript of LTBR earnings conference call or presentation 18-Mar-20
    https://finance.yahoo.com/news/edited-transcript-ltbr-earnings-conference-055242288.html

    • (consulting project with a nuclear regulatory authority overseas that will bring in some revenue) This seems to be moving forward. We're waiting for the overseas authorities to start work with us.
    In the last several weeks, we've been working with the Idaho National Lab on the contract for the GAIN voucher work. And we expect to complete the contract and to begin work on the project in the coming weeks.
     
  17. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Nice gains today. This one is setting up nicely imo for a major run when they announce to commence the work under the GAIN voucher at Idaho National Laboratory in the coming days.

    Lightbridge Comments on Historic Nuclear Fuel Working Group Report
    April 23, 2020 12:17pm EDT
    https://www.ltbridge.com/news-media...mments-on-historic-nuclear-fuel-working-group

    We look forward to commencing on our important work under the GAIN voucher at Idaho National Laboratory in the coming days and toward the enactment of the policies in the NFWG report. The timing couldn’t be better for Lightbridge to leverage its technology to advance these historic federal government initiatives,” concluded Mr. Grae.
     
  18. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Lightbridge to Participate at the HALEU Workshop Webinar hosted by GAIN, EPRI and NEI on Wednesday, April 29th, 2020
    April 24, 2020 8:00am EDT

    https://www.ltbridge.com/news-media...-to-participate-at-the-haleu-workshop-webinar

    Dr. Malone’s presentation will include an overview of Lightbridge Fuel™ advanced nuclear fuel technology, consisting of a metallic HALEU fuel for power up-rates and longer fuel cycles that can be used in existing or new PWR, BWR, VVER, CANDU, and water-cooled SMR plants. Lightbridge Fuel™ has demonstrated enhanced economics and reduces used fuel volume, while improving safety and enhancing proliferation resistance.
     
  19. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    I am hoping for another 100% gain in the next week. Market cap of LTBR is still well below their cash.

    News 23 April 2020
    We look forward to commencing on our important work under the GAIN voucher at Idaho National Laboratory in the coming days and toward the enactment of the policies in the NFWG report. The timing couldn’t be better for Lightbridge to leverage its technology to advance these historic federal government initiatives,” concluded Mr. Grae.
    https://www.ltbridge.com/news-media...mments-on-historic-nuclear-fuel-working-group

    Edited Transcript of LTBR earnings conference call or presentation 18-Mar-20
    https://finance.yahoo.com/news/edited-transcript-ltbr-earnings-conference-055242288.html

    Our next question, what are you doing to raise awareness in your stock?
    --------------------------------------------------------------------------------
    Seth Grae, Lightbridge Corporation - President, CEO & Executive Director [9]
    --------------------------------------------------------------------------------
    While we've discussed other initiatives that we're taking within the investment community, ultimately, we need to achieve the upcoming milestones that we've set out. We're about to begin working with Idaho National Lab. And what happens there gets some attention.
    As we achieve the milestones, we believe they will be worthy of media attention as our company has received coverage in the past. Our work fits well with the large and growing federal government support for advanced nuclear technology, which helps call attention in the media to nuclear technology.
     
  20. Dan Thunderbolt

    Dan Thunderbolt Active Member

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