Thursday, November 16, 2017 10:25:27 AM
Now that it is accomplished I think the situation will develop much more quickly.
We have known what the development road map looks like going forward for many months. I am guessing that the fuel rods are being manufactured right now. They will need to build inventory to meet market expectations when the product is finally certified for sale in 2018.
It seems like the next step will be either news from the tests being conducted in the Norway test reactor, or else a definitive agreement with the, yet un-named, US utility where the initial install will take place. It has been mentioned that it is somewhere near their office in Virginia. I am guessing that it is the TVA which would mean multiple reactors, multiple licenses and installs. When it finally happens it is going to be BIG and the PPS should zoom.
I think that any money invested here is absolutely safe from loss. There is such a tremendous world-wide demand for the product that it is inconceivable that the company could fail. It is simply taking a long time to get to market. So the rewards will go to the patient investors.
I am quite curious about the selloff yesterday. I am pleased that it provided an opportunity for me to get back in. It looks like it was a big seller or maybe a group, possibly insiders. Or it could be based on that old market wisdom "Buy the rumor, sell the news".
Good Luck to you and All Longs.
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