DALLAS, June 25, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Lightbridge Corp. (Nasdaq:LTBR). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/LTBR
Lightbridge Corp. (LTBR), formerly Thorium Power Ltd., is a provider of nuclear energy consulting services and a developer of nuclear fuel designs. The Company's consulting services focuses on providing advice to international commercial and government-owned entities in countries with nuclear energy programs. The Company is engaged in development of thorium-based nuclear fuel designs. During the year ended December 31, 2009, the Company had provided all of its consulting and advisory services to the United Arab Emirates. Lightbridge provides integrated advice across a range of areas, including nuclear reactor procurement and deployment, reactor and fuel technology, international relations and regulatory affairs. The Company's wholly owned subsidiaries include Thorium Power Inc. and Lightbridge Power International Holding LLC.
Message Board Search for LTBR: http://www.boardcentral.com/boards/LTBR
In the report, the analyst notes:
"LTBR recently reported revenue of $2.4 million for the three months ended March 31, 2010, compared to $2.9 million in the comparable period a year ago. Operating loss for the three months ended March 31, 2010, increased slightly to $1.7 million, compared to $1.5 million for the three months ended March 31, 2009.
"LTBR recently announced a major technological breakthrough that has the potential to transform the nuclear power industry. LTBRs new fuel technology based on a proprietary all-metal fuel assembly design could reduce both initial capital costs per megawatt and annual operating costs per kilowatt-hour of nuclear power, making it more competitive with other forms of electricity generation while contributing to a significant reduction of CO2 emissions."
To read the entire report visit: www.microstockprofit.com/lp/LTBR
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