Sunday, September 18, 2022 12:41:56 PM
So, if they are going to be successful then they are going to need a lot more shares to sustain the growth. I have been trading in this stock for years so I know it well. Up until last year the float was about 4 million shares. Then earlier this year they increased it to about 11 million. And as a result the share price has suffered.
So up to now, in consideration of the potential for growth, the number of outstanding shares has been minuscule. Anything under v$10 a share is considered to be a "penny stock". The future growth scenario I am suggesting is why the number of shares must be increased and soon. Right now is when this should happen.
And what will future growth look like?
The Lightbridge fuel rods are intended to retrofit LWR (Light Water Reactors) and to be used in the future SMR (Small Modular Reactors) that will come to market over the next few years.
Currently, there are about 99 LWR in the US fleet, and 3 under construction. The total world wide fleet is about 359 reactors in current operation. Each one of these reactors is a candidate for use of Lightbridge fuel.
About 3 or 4 years ago Lightbridge put on a audio conference available on the net. The CFO spoke and said that the company would eventually offer the fuel rods on a royalty basis in order to share in the abundant extra profit that the power companies would receive for using these fuel rods. And that each installation would generate about $10 million in royalties per reactor per refueling cycle to Lightbridge. So you can do the math; given the number of LWR worldwide the financial potential for income could be several billion dollars per year.
I am only relating what I heard in the audio conference. I don't recall any of the details, date and names, etc. And I have never seen any written transcript of that conference. And I have no idea if the company has changed plans or scenario of how to benefit from the future sales, etc. But it did give me a lot of "food for thought" and has sustained my investment here for years.
Some who read my post may think that I am deliberately hyping or pumping this stock. All I can say is that I have been a shareholder for a long time. Because you either believe in nuclear energy or you don't. Carbon neutral wind and solar energy are great, but the two together can not possibly meet the growing energy demands of our country, let alone the world. Until fusion energy arrives, in about 30 years, nuclear will be the only viable alternative. And it can be done safely if better designed fuel rods are used.
In conclusion I would like to add that the Lightbridge fuel rods are currently being tested in the National Test Reactor in Idaho. I must assume that at some point the fuel rods will be certified for use in grid connected reactors. All Lightbridge needs is just one sale and the stock will take off. This is total W.A.G. on my part but I am predicting $40/share by the end of 2023. Please do your own due diligence.
Recent LTBR News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 04:07:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 04:07:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 04:06:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2024 08:05:58 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/09/2024 08:05:25 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2024 09:00:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/01/2024 02:41:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/01/2024 02:40:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/01/2024 02:40:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 09:00:25 PM
- Lightbridge Provides Business Update and Announces Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 07/31/2024 08:05:00 PM
- Lightbridge to Hold Business Update & Second Quarter 2024 Earnings Conference Call on Thursday, August 1st at 4 p.m. ET • GlobeNewswire Inc. • 07/23/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/19/2024 08:45:20 PM
- 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 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
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