Lightbridge Corporation (LTBR)

[Jiffytrader]

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.