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By the way those vanguard funds are index funds. You have no idea what you are talking about. The
Another Ill informed investor. Metallic fuels have been around for decades. Look it up. And if it had promise those that developed it would have commercialized it. Don’t pump in areas where you are not informed.
Monkey, again no supporting facts, no industry incites just barbs and shameless pumping.
This company never had any fuel revenues and never will.
But they will issue more ATM shares and dilute your equity at will. And when the dilution pushes the stock price down they will reverse split. All of this will be sprinkled with investor presentations, patents, nonsense conversations, tweets about the industry and maybe even an appearance on Redchip.
So the winners will be those getting paid, the vendors and Areva drawing fat margins on their work.
The losers will be retail stockholders like yourself. Oh well, its got to be a zero sum game.
You offer no specifics just another pumper to a lost cause. Sitting waiting for government money rather than customers. No problem 2027 is not far away. Sorry you lost money but don’t drag the rest of us down with you. Let me know how the reverse split goes.
Plogic you mis the point. Normal companies post 8k’s relating to material events. Recognize the senseless pumping this co does in relation to certain events. Along comes the chairman’s and cfo resignation with no 8K and you say it is a non event. I don’t think so but you apologize for every misstep this co takes. Should have sold after the last pop. This stock is junk. You will find out the hard way.
Dr. Monkey is another loser poster from stocktwits. Never has any analytics behind his posts just nonsense pumping.
There’s a sucker born every minute.
I apologize for the spelling mistake. Small screen etc. Nevertheless, you are still a dope for not understanding the significance.
How’s that DOE funding coming along?
But this company specializes in people like yourself.
You must have trouble reading. Because she retired 1 day before issuing 10q where it was buried companies are required to issue a separate 8K as a material event and this was not done. Investors are not sofisticated on this board.
These types of sneaky behaviors with SEC reporting would all be driven by the CEO. So we are supposed to believe his other claims? I don't.
No 8K notification of Co-Chairman resigning followed by insider sales without a form 4 notification.
No 8k notification of CFO resigning 1 day before 10Q. If you believed she made up her mind 1 day before the 10Q then you deserve to lose money. Rule states 8K notification within 4 days. They choose to hide this one deep in the 10Q. Without a press release.
No legitimate company would do this.
Chairman's unsold shares on the block. Ex Co-Chairman has almost $3 million of shares to convert and sell. If he had no intention to sell then he would have remained to protect his interest. He has already started to sell so you most likely will see a steady drip. $3 million is close to 14% of market cap. A 14% reduction is share price is = $.74/share. However, it is likely to be much worse as the relationship is not always linear. This combined with the reverse split is not good news.
And for those of you worried about the reverse split this past year the company doubled the number of shares outstanding. That, by any other name, is equivalent to another reverse split since it is a loss of equity.
Bottom line is that you will see a second loss in equity this year with the unavoidable reverse split and probably more to come.
Areva Cash Contribution - LTBR inserted $5217K into the JV. They recognized a loss of $2.8 Mil. If you divide $5.2M by 2 or 50% = $2.6 mil. The difference is the amount that Framatone contributed. This amount would be $400K grossed up for 50/50 split.
Bottom line is that LTBR inserted $5.2 mil. and the cheap French $0.4K. That is a ration of 13 to 1 or 96/4%
Second in the 10Q they say 80/20 but on the call 50/50. Someone is Pinocchio.
Financial Statements say it is 96% LTBR and 4% Frametone.
SO much for their BS 50/50
Bye the way that dope Enterprising on Stocktwits could never figure this out.
% to revenue break even for LTBR has to see number close to 38% to break even.
LTBR Areva Tot
Rev 64 64 128
Cost 64 16 80
Profit 0 48 48
0% 75% 38%
Unheard of in any industry except for drug trade.
Technology Access Fees from Russia are scheduled to come in next week.
PLogic. The difference between those that have been around a long time and perhaps your view is that you accept the CEO's answers. The rest of us have learned long and hard that the company has issues with truthfulness.
Did you like the straight forward clear answer on cost sharing? LOL.
If utilities were interested they would invest.
No analysts on the call only James Anderson asking questions.
2021..2022...2024..2025 It was a very good year.
Plogic dilution was caused by Chairman converting preferred shares to common. He then sold. Still like these guys!
PLogic assume an over all deal with 20% profit margin for Enfission:
LTBR Areva Tot
Rev 50 50 100
Cost 64 16 80
Profit -14 34 20
-28% 68% 20%
LTBR will never make any money. And this is a conservative case because 20% bottom line is generous.
IT IS ALL FAKE.
PLogic in all due respect you are wrong on the JV. Under the percentage agreement LTBR will most likely never have any profits to perpetuity.
Consider 50/50 rev split
80/20 cost split
LTBR Areva
Rev 50% 50%
Cost 80% 20%
Profit -30% 30%
LTBR will have losses for life. The JV gives them: 1) A guise to raise money 2) hide 50% of the losses in of balance sheet.
New CFO has never purchased 1 share of stock but has been with the co over 10 years.
Departing CFO is 66, new CFO is 64. What was sneaky is the non discloasure of the chairman leaving.
50/50 don’t think so now they say 80/20. Why would anybody trust these people.
Chairman takes off and sells shares. Chinese orange salesman takes off and converts preferred to common.
Waited until 10Q to avoid form 4 and 8K.
Very Bad eh Plogic. How's the day trading in Thailand?
CFO Walks... Waited until the 10Q to avoid a 8K.
Wrong again. HALEU for Gen III or conventional reactors has never been licensed by the NRC. Can't test line drawing because that is all LTBR has. The only idiots proposing it are the slackers from Lightbridge. Nor has it been ever tested for Gen IV advanced reactors. Not sure what you mean by our current government? The current government of Thailand where you live?
GE, Areva and Westinghouse not using it for Gen III or current reactors. If you want to bet against them buy some more of this penny stock. My money is on established players with infrastructure not day traders like yourself waiting for the next temporary pump.
Go long time.
PLogic is mixing apples & oranges. HEU fuel is for military marine propulsion – submarines. Has nothing to do with this conversation.
His references to HALEU is related to the development of Gen IV+ advanced reactors. LTBR claims their product is HALEU for conventional reactors or Gen III. Their fuel concept (& I emphasize concept) would be a competitor for ATF variant fuels. These are important distinctions.
Advanced reactors are a glimmer in someone’s eyes and probably will never happen so don’t worry about their need for high enriched fuels. The industry currently cannot sell conventional reactors because nuclear cannot compete with natural gas. GE Power systems is under severe financial distress, Areva was rescued by the French Gov and Westinghouse is bankrupt. No established vendors like GE are pushing for advanced reactors. It is all fringe groups.
As far as ATF variant fuels for conventional reactors, none of the major players (GE, AREVA, Westinghouse) are pushing for fuel enriched to 19.75% only the 7 employees sitting in rented offices at LTBR. Employees who have never designed a commercial nuclear fuel product up against the Titans of the industry. Lots of luck.
Plogic’s links are all from industry advocacy groups pushing for 19.75% advanced reactor fuels not for current reactors. Again, you will never find gun control articles at the NRA website. These Industry Groups depend on pushing a one-sided agenda because their cushy jobs are dependent upon it. He neglects hundreds of links questioning the sanity of bring in fuel to civil reactors that depends on uranium that is 3% away from weapons grade.
Don't believe me read it for yourself.
https://www.economist.com/international/2012/05/19/sticks-now-carrots-later
Plogic keeps push things related to Advanced reactors published by industry advocacy groups. Try finding a gun control article published by the NRA.
Advanced Reactors could be 40 years away, if that.
You don't know what you are talking about and neither does Logic.
By the way the Van Kampen you reference are ETF or index funds that are unmanaged and by blindly to match an index. They are unmanaged.
The other area where you are wrong is in regard to power uprates. If you think a 30% upgrade is possible without upsetting other parts of the plant I have a bridge to sell you. Even small % upgrades in plants can cause many secondary system problems especially in PWR's.
Other questions you should ask: 1) Why isn't Areva contributing any money. Financial statement say they have not contributed a cent. 2) If the company has such a great future Areva could get 51% for less than $10 mil. That isn't going to happen.
Finally what about those 2.6 mil shares plus warrants that LTBR gave to a guy who had run ins with the SEC just days before the JV spike? You know the guy who awarded them the Owl. Coincidence? Umm?
You miss many points. Since the enrichment of uranium is non-linear at 19.75% you are only 3% away from weapons grade. The company makes non proliferation claims on the back end of the fuel cycle after fabrication. They conveniently leave out the affects of the front end before fabrication. Want to verify. Very simple Google Iran and 19.75% enrichment. Many sources to confirm. Iran enriched to 19.75% claiming they needed high enrichment for medical isotopes when in fact they were stockpiling to give themselves a break-out capability to nuclear weapons. Secondly, only 5 producers of this level of enrichment in the world and only in small controlled amounts for medical and research purposes. You can also ask why doesn't the industry use 19.75% in conventional fuel. They don't because public policy has always separated lower enrichment for plants at 3% because of the easy path ways to weapons.
Very easy to check on this and many articles related to the subject in the Economist and the NY Times. IAEA is also a good source. Just do some work.
JV structure allows them to park 50% of their losses off balance sheet. Just like Enron’s special purpose off balance sheet financing. They infuse the JV with 100% of the cash needs and then hide 50% of the losses.
You are totally wrong on enrichment. You are confusing the push from an industry advocacy group. This is similar to the NRA pushing machine guns. Two reasons it will not fly 1) economics and 2) public policy. You have not yet tasted the opposition to this. Not any of the established players are pushing for higher enrichment for ATF only the the fools at LTBR and that in itself should tell you something.
Disagree with PWRLogic.
R/S split is unavoidable as it will be necessary for NASDAQ Listing and for more dilution through the ATM. ATM's hit share prices very hard. They don't have debt because they cannot service debt. Not having debt is not a bragging point when equity dilution is constantly in the mix.
PL ignores the fact that there is no cost sharing on behalf of AREVA. This is very telling. They are not willing to make any contribution. AREVA will drain LTBR recognizing that whatever they learn from the arrangement is can be taken in a LTBR bankruptcy.
All the other major players including AREVA have advanced fuel programs utilizing uranium enriched to less than 5%. LTBR uses a design needing 19.75% enrichment only 3% away from weapons grade. Besides no suppliers in the industry try getting this past the DOE.
Do you really think the DOE is going to give a Grant when there is no reactor under contract to test and the preferred stockholder is a Chinese orange salesman? The staff is not stellar especially on the LTBR side. Fornof is an ex insurance salesman for Oakmont Capital and out of nuclear for 6 years. Mushakov has no experience in nuclear with a degree in Russian banking.
But they don't come anymore as they dislike eating in a basement.
Remember all those posts that suggested Areva was going to buy out LTBR last month? Bottom line their net investment $10K. What does that tell you.
Funny posts on yahoo.
One poster claims he has "instuition" that it is a good stock.
Another poster renamed the JV to "ENEMAFISSION."
I would agree with you. Only way to make money is to flip. But recognize that can be a little risky for some investors especially with a thinly traded stock.
Secondly, eventually the pops run dry and it is hard to compete with professional traders who have now figured out the scam.
JV is a sham. Consider that after 2 years of due diligence (paid for by LTBR at $140K) Areva has contributed only $10K as an equity payment. The cost of a Business Class Flight from DC to Paris!!
So what is the deal? JV created to pump stock price and issue securities and options to employees. All payments for R&D going one way from LTBR to Areva outside the JV. Areva picks up a contract to do experimental work without risk. Helpful to Areva which is in a dire financial condition.
However, Areva deserves a nice free lunch for the pain of having to listen to the half-dead man John Warner and more of Seth's BS at the poorly executed press conference.
It appears that none of the $3.3 million is going through the JV. It looks like it is direct from LTBR to Areva. I would attribute several reason: 1) By both contributing $10K they keep the illusion of a 50/50 partnership. 2) Areva decided not to invest but 3) they like the services contract which probably has a nice margin.
Remember that Frametone is a direct competitor of GE Power Systems. GE Power Systems is in bad shape so think about the financial conditions of a lessor company like Frametone.
99%, if not all, of the investors are individuals and not institutions. So LTBR really screwed over the mom & pop investor. Don't get me wrong, you should never screw over any investor but it hurts more when you hit the little guy.
Regulatory bodies really need to look at this.
Interesting posts on Yahoo. Areva only putting $10K into the JV. LTBR is funding $3.3 Mil directly to Areva. Thus, Areva is basically putting nothing into the JV. LTBR pumped that the JV as Areva acceptance then raised money.
There is also a references from SEC documents: 1) Reverse split in the mix before June. 2) More dilution $6.6 million shares.
You are thick headed. Share count did not change from the 3rd qtr until today's announcement. You can't raise material amounts without disclosure. See today's release. Constant at 11,426,000 shares until today.
Time will tell on the Areva commitment but since no disclosure you will not see them contribute a single euro.
You totally miss the point on the Pace report. It is: 1) outdated in terms of future electrical prices attributed to nuclear. 2) It has selected content and did not address the two biggest failure points associated with this concept.