Lightbridge Corporation (LTBR)

[russshackleford]

Will Moscow get what it wants?

Putin wants global recognition of Crimea being part of Russia. Right now only Nicaragua, Venezuela, Nauru, and Tuvalu support him. If the west gives him that, the separatists might magically be convinced to move to Crimea.

Obviously the Malaysian airliner made this a much more complicated issue.

What is the real affect on Lightbridge?

May 2014 10Q
Our plans to develop our fuel designs depend on our ability to acquire the rights to the designs, data, processes and methodologies that are used or may be used in our business in the future. If we are unable to obtain such rights on reasonable terms in the future, our ability to exploit our intellectual property may be limited.

We are currently conducting fuel assembly design and testing work in Russia through our Moscow office personnel as well as Russian research institutes and other nuclear entities that are owned or are closely affiliated with the government of the Russian Federation. We do not currently possess all of the necessary know-how or have licensing or other rights to acquire or utilize certain designs, data, methodologies or processes required for the fabrication of our fuel assemblies. If we, or a fuel fabricator to whom we license our fuel technology, desire to utilize such existing processes or methodologies in the future, a license or other right to use such technologies from the Russian entities that previously developed and own such technologies would be required. Alternatively, we would have to develop our own know-how necessary for fabrication of our metallic fuel.

Even if Lightbridge gets to keep the technology, will they still have access to the VVER market?

I hope Putin blinks soon.