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Re: boominator post# 1862

Thursday, 01/14/2016 8:39:51 AM

Thursday, January 14, 2016 8:39:51 AM

Post# of 3390
All of the players are at the table

Utilities - Dominion, Southern, Duke, Exelon
Manufacturers - CNL, Areva, BWXT
Test - Norway, Sweden
Vertify - DOE, NRC

The only 3 questions left to answer are who pays LTBR, when, and how much? I think Areva and BWXT are the who, and we know Areva has a Feburary deadline to put something in writing, and BWXT has until June.

"We planned to have a teaming agreement in place with one of these companies in 2017 or 2018 but current progress may lead to such an arrangement sooner than expected," Grae said. "These meetings are an important facet of the Company's market strategy, whereby fuel fabricators prepare to supply Lightbridge's fuel to the global market, while utilities continue to validate the demand for our fuel for use in their reactors."

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