BG

[BG @BGill1978]

@hidden_edge1 AlphaSense

[BG @BGill1978]

Good expert report on $PESI posted at the end of October. Views of the expert in the call align with what management has said. Expert was positive about potential cost per gallon that $PESI could realize. Confirms building a new greenfield facility for any competitor near Hanford would be a multi year (10yr) permitting process.

[BG @BGill1978]

@jaysyoon Same. Last I checked there’s still waste to clean up at Hanford. 👍

[BG @BGill1978]

10M gallons at, I don’t know, call it $45/gal. That’s $450M in revenue, at a 50% EBIT, you’re at, call it $225M. Mkt cap now is now, what, $350M. Are those margins achievable, I’d say yes as this process is high fixed cost and low variable, and $PESI has hired most of the staff needed to process the volume already.

[BG @BGill1978]

Seems like people are missing the bigger picture. No one has indicated a desire to drive liquid radioactive waste hundreds of miles to the next closest processing facility - in fact there is direct opposition from various parties. The only game in town, though $PESI management won’t describe it this way, is their own facility. And why would you increase your processing volume capacity to 10M gallons from 1M gallons. Seems pretty obvious.

[BG @BGill1978]

@jaysyoon PESI posts new investor presentation.

https://t.co/lVvPfzCvqY

Lays out table showing revenue potential under different volume scenarios - pg 16

[BG @BGill1978]

@Sandman7591 @ZCapital3 Sandman, the CEO said, if I remember correctly, they are working with an owner of "multiple mines." You think think makes it either Energy Fuels or Chemours?

[BG @BGill1978]

@thekookreport 👍

[BG @BGill1978]

@thekookreport Sounds better