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Alias Born | 02/20/2014 |
Tuesday, August 05, 2014 6:38:02 PM
.........
"Due to U.S. sanctions already imposed on Russia and the potential for further political and economic isolation of Russia by the United States and the European Union over its role in an ongoing conflict in Ukraine, we have been working on alternative sites outside of Russia to complete the remaining demonstration work for our metallic nuclear fuel.
........
"We have also identified, and are currently in substantive discussions with, other potential sites outside Russia that have suitable test reactor facilities and fuel fabrication capabilities that could be used for fabrication and irradiation testing of partial-length metallic fuel samples."
Thanks Putin!
Just wanted to highlight the key points. I still think there is a bunch of potential for this year. I'm really interested on how they are going to raise capital, I don't think it'll be another offering, but I'm not a banker.
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