My Take - AGMThe AGM was uneventful.
I arrived 15 minutes late. They had already started the 22 page PowerPoint presentation. They said it would be posted online....the FIU site is down now so perhaps they are currently posting the presentation.
Deon, Scott Sobey and Emma were on the conference telephone line from Africa.
John Hick did the presentation.
They basically outlined all the good things with MWS and went over the problems with Ezul.
They are hoping to commercialize their uranium production with other mines in the area. 3 - 6 months.
The presentation also says, and they repeated it several times that Ez. would be cashflow positive in Q3.
He also stressed that Ez will drop to 7% production giveaway to FN vs the current guarantee of 30 - 35%.
About 25 people at the AGM.
The executive is well aware, if they weren't before, of certain allegations. I spoke with Mary Batoff face to face this time.