Lightbridge Corporation (LTBR)

[Going_4_It]

What I was referring to was a quarterly conference call from about 2 to 3 years ago.

So I got the information from doing due diligence over the last 4 years of being involved with this stock.

The CFO's verbal proposal was that Lightbridge would split the profit from using the new fuel rods. But, of course, that is to be negotiated with the client utility. Some of these previous audio conference call recordings may still be available on their web site. Or if you doubt my source you can always call the company and ask questions.

The estimate of additional profit was from the increased power generated and the fact that a reactor, using Lightbridge rods, can operate for 2-3 years longer before refueling, as opposed to being offline and generating no income. The $30M is an average figure mentioned by an industry pro in an audio broadcast. These are not my numbers and all of this is hypothetical until it actually happens.

Nuclear reactors have a lifespan of about 50-70 years. Every reactor is different. It has been only over the last 5 to 7 years that the industry has started to standardize on design in a big way. This has created an opportunity for Lightbridge to produce a kind of standard product to sell.

There are a number of manufacturers around the world designing and building reactors. Supposedly every new design reactor is a target for installing these new fuel rods. As far as I know there are no new construction reactors that will use the Lightbridge fuel rods on initial startup. The plan (as far as I understand it) seems to be retrofitting working reactors when they need refueling. And there are hundreds of those worldwide.

I would guess that the newer reactors could accept the fuel rods without much modification, and I doubt that older reactors will easily accept them. There will have to be custom modifications. taking a reactor down for maintenance and refueling can take about 6 months to accomplish. So it seems like there would be sufficient time to do the adaptation as needed.

If you want to learn more about the nuclear industry I STRONGLY suggest you subscribe to and read the World Nuclear News email newsletter.

http://www.world-nuclear-news.org/


All just my opinion... and Good Luck.