Anfield Energy's updated PEA makes the Shootaring mill restart look explosive, but AEC is still a no-revenue uranium developer that has to clear permits, capital, reserves, construction, and first production.
References
Sources used in this report
SEC APISEC company tickers exchange dataset2026-05-14 · Ticker, exchange, company name, and CIK confirmation.SEC APISEC submissions JSON2026-05-14 · Issuer identity, SIC, fiscal year end, foreign issuer status, address, and filing sequence.SEC annual filingFY2025 Form 40-F2026-03-31 · Annual filing wrapper, foreign private issuer status, share count, governance, controls, AIF, audited financials, and MD&A.Annual information formFY2025 Annual Information Form2026-03-31 · Business overview, properties, risk factors, legal proceedings, material contracts, qualified-person disclosure, and technical caveats.Audited financial statementsFY2025 audited consolidated financial statements2026-03-31 · Cash, assets, liabilities, equity, net loss, operating cash flow, financing cash flow, loan payable, and contingent liability.Management discussion and analysisFY2025 MD&A2026-03-31 · Corporate profile, Nasdaq trading date, no-producing-mines disclosure, no operating revenue except interest income, liquidity, and project discussion.Company press release furnished on Form 6-KMay 4, 2026 updated PEA release2026-05-04 · Updated PEA economics, production estimates, capital estimates, payback, resource caveats, Shootaring plan, and project feed assumptions.Company press release furnished on Form 6-KMay 13, 2026 monitoring-well release2026-05-13 · Monitoring wells at Shootaring and Slick Rock, environmental baseline work, project-readiness milestones, and no-feasibility-study caveat.Company press release furnished on Form 6-KApril 8, 2026 JD-8 permit amendment release2026-04-08 · JD-8 permitting response, DOE/Colorado DRMS comments, targeted approval/mobilization timing, and restart caveats.Company press release furnished on Form 6-KJanuary 13, 2026 financing release2026-01-13 · US$10 million gross financing, use of proceeds, UEC subscription receipts, control-person mechanics, and post-offering share count.Company press release furnished on Form 6-KMarch 2, 2026 control-person approval release2026-03-02 · Shareholder approval of Uranium Energy Corp. as a control person and subscription receipt share issuance.Beneficial ownership filingUranium Energy Corp. Schedule 13D2026-01-16 · UEC beneficial ownership, warrants, subscription receipts, board designation rights, top-up rights, and control-person context.Regulator sourceNRC conventional uranium mills page2026-05-14 · Conventional uranium milling process, yellowcake explanation, tailings/waste context, and U.S. mill status context.Government dataEIA Domestic Uranium Production Report, quarterly2026-05-14 · U.S. uranium concentrate production context and producing-facility count.