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Wednesday, 08/19/2015 8:15:06 PM

Wednesday, August 19, 2015 8:15:06 PM

Post# of 1003
news to read on nuclear see below
"Just been notified that Jennifer Ransom's sentencing has been postponed again until Nov. Really"
Looks like they cant give her for a light sentence for turn in states evidence on glisbe? If they give her a long sentence she would say I lyed and wanted to get it over with.


I am not in Lightbridge but it has been on my watch list for 6 years or more. It is on one of the larger board it is not on OTC ad has income and oversees nuclear construction



LIGHTBRIDGE ANNOUNCES NUCLEAR FUEL DEVELOPMENT UPDATE
AND 2015 SECOND QUARTER FINANCIAL RESULTS


Conference Call and Webcast Scheduled at 11 a.m. ET Friday, August 21 at:
http://edge.media-server.com/m/p/bovyns7y


MCLEAN, VA, August 19, 2015 – Lightbridge Corporation (NASDAQ: LTBR) today issued a development and commercialization progress report for the quarter and six months ended June 30, 2015 on its next generation nuclear fuel technology that helps existing and new build reactors to enhance safety, increase revenue and improve operating margins.

“Lightbridge continues to achieve value-creating strategic milestones,” said Seth Grae, President and Chief Executive Officer. “At a time of heightened awareness of nuclear energy’s crucial role in mitigating the negative effects of greenhouse gas emissions from fossil fuels, Lightbridge remains on track to deliver to the world a safer nuclear fuel that helps utilities improve reactor operating economics through increased power output. The Company is well positioned to realize high-margin revenue streams in the coming years from technology licensing fees and royalties from a growing $25 billion annual market for nuclear fuel. We believe Lightbridge metallic fuel offers an unmatched value proposition to operators of both existing and new build reactors.”

2015 Second Quarter Business Update

•Lightbridge expects increased demand for its advanced metallic nuclear fuel, due to incentives in the U.S. Environmental Protection Agency Clean Power Plan, which was published in early August. The plan offers credits to utilities for reducing greenhouse gas emissions by boosting generation from existing nuclear power plants. The Clean Power Plan calls for a 32% reduction from 2005 levels in carbon pollution from the utility power industry by 2030. Depending on fuel cycle length, Lightbridge's proprietary metallic fuel can provide 10% to 17% more power from existing pressurized water reactors (PWRs).

"Compared with conventional nuclear fuel, only Lightbridge metallic fuel can offer meaningful power uprates and longer fuel cycles that will provide the lowest levelized cost per megawatt hour on the grid," Grae said.


•In April, nuclear fuel managers at Dominion Generation (NYSE: D), Duke Energy (NYSE: DUK), Exelon Generation (NYSE: EXC) and Southern Company (NYSE: SO) asked the U.S. Nuclear Regulatory Commission (NRC) to prepare to review Lightbridge’s patented fuel design, in advance of an expected application in 2017 to use the Company’s fuel in a U.S. commercial reactor as early as 2020 (http://pbadupws.nrc.gov/docs/ML1513/ML15134A092.pdf). The NRC relies on communications from U.S. utilities to adjust Commission staffing levels and budgets in anticipation of regulatory review of licensing applications.

“The importance of this milestone cannot be overstated because without support from utility customers, the NRC will not allocate resources to a regulatory review,” Grae

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