RE:THe danger of voting NO
Obviously Dev and Ross were being brought into the merged company to find more resources in both the east and west, as they have a good track record of doing that with their team. That's their interim assignment, as neither have any experience building mines or mills or operating either. With expanded resources both east and west in the basin, that sweetens up the company to either think about production, and on the east side utilizing toll milling, soas to avoid the mill cost, or.................sweetens the pot for RIO to take a run at the merged company, and Cameco to say not so fast in my back yard, and come with sweeter offer. If Cameco wins, they might have the opportunity to get Hathor back, unless RIO can fund their own mill, but they have to find more hi grade resources to do that. So the yes vote keeps FCU within a merged company and involved with the infrastructure and very extensive east developments. A No vote, potentially orphans FCU and possibly for a long time, unless uranium makes a fast comeback, not likely, it will be a slow comeback, and production on the east side will ramp up to take care of demand.