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Re: 77Port post# 3193

Sunday, 03/28/2021 4:05:53 PM

Sunday, March 28, 2021 4:05:53 PM

Post# of 3390
Yeah, I don't understand why they say that the first SMR's are expected to start operating in 2029 and yet Lightbridge goes on to say that they don't expect any purchase orders for another 15 - 20 years. The SMRs are going to use traditional fuel at first ??? Why can't Lightbridge convince them to start with Lightbridge fuel. There seems to be plenty of time for that.

After reading the 10-K more thoroughly, it appears what happened is that their plan to sell to Large Reactors fell apart. The Large reactors can't take advantage of the 30% power upgrade that Lightbridge fuel can provide. They max out at 17% power upgrade and that apparently doesn't make it worthwhile for them to switch to Lightbridge fuel. So now Lightbridge seems to almost be starting over to develop a fuel for SMRs.

This is very disappointing to me, because I am 50 years old and I was hoping Lightbridge could help me retire early and now it seems that the best I'm going to get is their help to retire comfortably, but not early. And even that seems uncertain when you read the list of financial challenges they expect to have in the coming decade.

If any one can lift my spirits on this, I would appreciate it. Hopefully, there is something positive in the short term that I am not realizing.

Thanks,

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