Lightbridge Corporation (LTBR)

[Going_4_It]

Interesting tidbit from their latest PR...

"The irradiation testing program is being structured at the Halden reactor and US commercial nuclear plants in parallel to demonstrate operation of the first Lightbridge fuel rod in a commercial reactor in the US as soon as 2021."


Duh..." as soon as 2021." ??

In my opinion that's not "soon" at all. I've been a shareholder since Sept2016 and it was always my understanding that installations would happen a lot sooner, like in 2018. It was also my understanding that the tests in Norway would happen last March. But there was some sort of technical problem at the reactor site that had to be dealt with. So I expected a delay. But this is getting to be ridiculous.

So the first opportunity to earn royalties on their fuel rods will be late in 2021, or 2022 (maybe). I am personally very disappointed to discover this now.

Link to the PR:

http://ir.ltbridge.com/releasedetail.cfm?ReleaseID=1043993