First Uranium Corporation T.FIU

Deon's doing i!

[uranicynic]

I skimmed over the production report and everything is as promised. This management team is building confidence in the company on a quarterly basis. Well done! I look forward to the financials in a couple of weeks.
The uranium columns are going be commissioned by the end of March. Perfect timing with U308 at $70/lb.

[lefmike1]

Okay  they drop a bit  of production for Q4 at Ezulwini  but make most of it up with MSWThis is very good news in my mind.MetalManiac was right though,  they might be needing more money for some other work  ..  That might put a bit of a damper on this  but I see nothing to stop this from going higher in the future...OUTLOOK Mine Waste Solutions: As a result

[metalmaniak]

Ezulwini some problems and MWS a cash cow. Pretty much as expected.They will definitely need some financing and its likely at 1.20, 20-30 mil bucks worth is my guess. They simply dont have enough cash at moment.Until the financing done, we are stuck in a very tight range.

[lefmike1]

Why not simply borrow instead of a further dilution of teh SP?They indicate the MIGHT  if I read that right....  and it's MID tern  not long   

[uranicynic]

This is a production gold miner I think some short term financing is preferable to dilution. The economics of mining gold these days have helped FIU to no end. We will know what's going on in a couple of weeks. Till then the SP might languish. This AM the share and ask is 1.22. Strangely flat considering the news.