Through two strategic moves Westwater Resources is now able to direct all human and capital resources to the development of battery-grade graphite and the extraction of natural flake graphite from its Coosa County, Alabama graphite asset. Mid-September 2020, the Company announced the planned sale of its North American uranium assets to a U.S. uranium exploration […]
Author: Crystal Equity Research
Update Report – Westwater Resources (WWR)
Successful tests of Westwater Resources proprietary battery-grade graphite materials appear to validate the Company’s processing design, at least at a laboratory scale. During the conference call to discuss financial performance in the second quarter ending June 2020, management provided assurances that the Company and its contracted engineering firm are on track to complete design work […]
Update Report – Fanhua, Inc. (FANH)
The first three months of 2020, was filled with challenge for Fanhua as the Company navigated work stoppages and stay-at-home orders by local governments desperately to stop spread of a coronavirus. The first quarter report revealed the bad news of lower revenue from insurance premiums as well as with indications the Company’s on-line platforms may […]
Update Report – Westwater Resources (WWR)
Last week when Westwater Resources reported financial results for its first quarter ending March 2020, shareholders were given a view on how the coronavirus pandemic impacted the Company in the first months of the crisis. As expected the Company incurred incremental costs associated with keeping its employees safe. Administrative personnel were sent home to work […]
Update Report – Westwater Resources, Inc. (WWR)
Recently we discussed with Westwater management the status of current operations. Despite widespread stay-at-home and shelter-in-place directives, Westwater personnel and contractors have apparently continued with projects by working from home. Progress is continuing on the design and engineering work necessary for the planned graphite processing pilot plant and it appears that the Company is still […]