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Friday, April 12, 2019 10:36:39 AM
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.
Recent LTBR News
- Lightbridge Welcomes Passage of the ADVANCE Act, Landmark Legislation to Expedite Commercial Deployment of Advanced Nuclear Fuel and Other Advanced Nuclear Technologies • GlobeNewswire Inc. • 06/25/2024 12:00:00 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 06/05/2024 08:30:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 01:39:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 01:39:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 01:38:06 PM
- Lightbridge CEO Seth Grae Attends White House Summit on Domestic Nuclear Deployment • GlobeNewswire Inc. • 05/30/2024 12:00:00 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 05/10/2024 09:00:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 08:15:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:00:27 PM
- Lightbridge Provides Business Update and Announces First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/09/2024 08:05:00 PM
- Lightbridge to Hold Business Update & First Quarter 2024 Earnings Conference Call on Friday, May 10th at 11 a.m. ET • GlobeNewswire Inc. • 05/01/2024 12:00:00 PM
- Ambassador Thomas Graham, Jr. Appointed As Chairman Emeritus of Lightbridge Corporation • GlobeNewswire Inc. • 04/18/2024 12:00:00 PM
- Lightbridge Senior Executives Assume Key Positions in Prestigious Nuclear Energy Industry Groups • GlobeNewswire Inc. • 03/21/2024 12:00:00 PM
- Lightbridge Achieves Critical Fabrication Development Milestone by Demonstrating the Extrusion Process for Uranium-Zirconium Samples • GlobeNewswire Inc. • 03/18/2024 10:00:00 AM
- Lightbridge Announces Upcoming Nuclear Events • GlobeNewswire Inc. • 03/13/2024 12:00:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/04/2024 10:21:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 04:02:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 04:02:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 04:01:54 PM
- Lightbridge Provides Business Update and Announces Fiscal Year 2023 Financial Results • GlobeNewswire Inc. • 02/28/2024 09:05:00 PM
- Lightbridge CEO Seth Grae Issues Update Letter to Shareholders • GlobeNewswire Inc. • 02/27/2024 01:00:00 PM
- Lightbridge to Hold Business Update & Fiscal Year 2023 Earnings Conference Call on Thursday, February 29 at 10 a.m. ET • GlobeNewswire Inc. • 02/22/2024 09:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/01/2024 04:01:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/01/2024 04:01:14 PM
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