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Re: kmx_swing post# 533

Tuesday, 09/04/2018 11:37:43 AM

Tuesday, September 04, 2018 11:37:43 AM

Post# of 540
LTBR
from conference call Q2 2018
-Lightbridge is applying for DoE funding this year. If awarded to us, we expect the grants could be quite significant
- spent fuel from our fuel designs cannot be used for the production of nuclear weapons
-in June, we were awarded a key patent filing to our metallic nuclear fuel assembly design.
-patent portfolio to cover an entire metallic fuel assembly of two-thirds water reactors worldwide.
-balance sheet remains strong, and we ended the quarter with approximately $25.7 million of cash,
- DoE tries to make announcements and decisions just over three months after applications are made. We will be applying this year.
- the lead test rod agreement that we intend to announce later this year or early next year, we’re pretty confident, not just which utility, but which specific reactors those would go into. And then the lead test assembly, which is really the final commercial product that bundle a few rods for the agreement in 2019 could be with the same utility and or with others.
-We expect the nuclear utility customers to provide cash and/or in-kind contributions for our project as it moves forward. That first contract could be this year.
-We expect to begin testing thermal conductivity fuel samples in a research reactor in 2020. In 2021, we anticipate the start of initial commercial demonstration by introducing a lead test rod assembly into a U.S. nuclear power plant.
-Final commercial demonstration comprising operation of multiple lead test assemblies in the U.S. nuclear power plant is expected to begin in 2023, 2024.
-does the company anticipate a reverse split in order to maintain the NASDAQ listing?
Seth Grae:
No, we do not expect that. We expect the milestones, which we announced, will be reflected in an increasing stock price.

Market Cap $29.771M PPS $1.01
if they get DOE funding, LTBR will be immediately $3-5 (end 2018/beginning 2019)
if they start commercial demonstration, they will be $500M to $1B company ...that equalts to pps of $15 to $30 (2023/2024)

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