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Retailer712

01/16/21 10:12 AM

#150 RE: TAH86 #147

Here is some news out from last November. I don't think this is the reason for yesterday's high volume however. The cobalt business is the company's historical money maker and should be back to normal this quarter. Over the last several years the company has been expanding their core business into other areas. What attracted me to this investment was deconversion. This is an area that the DOE has spent over 1.5 billion into over since 2002. Recently there was an announcement that their (DOE) two deconversion facilities have not met their production goals for 2020. INIS has a NRC license to do deconversion. That is where the big bucks are for the company. Note the nearly 90% insider ownership. Disclosure: I am a INIS Long.
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