RE: RE: Take a look at their web site.... Seany they are at the one yard line to production with a brand new mining facility and processing plant. They will be able to process their own mined yellow cake whereas URZ will have to use Cameco's facility. I personally do not care one bit it they have to raise money through some dilution as they will soon be cash flow positive if their $16 per lb opex pans out and even at these very low spot prices. Remember over 50% of their production is likely priced at the longer term pricing of around $60.
They will be tight and may need another small top up but after 5 years they will become a producer and making some money. I do not believe they will have to issue equity but if they do it should be relative small