RE:RE:Off Take AdvantageWhatever the current story is with Denison with regard to this KEPCO thing it has not resulted in a positive ooutcome with regard to getting into production as yet and a considerable amount of time has passed.
Back to FCU - the money (~$82 million) that FCU got for committing to sell product on what looks to be company destroying terms has been put into the ground (and a few other places) for arguably not of much benefit to FCU (as previously described by Dev Randhawa) and for what? I think the share price is well down on where it was before and there has been signficant dilution.
What's next for FCU? How many options for project advancement does FCU have left? And who is going to finance $1 billion dollars plus to finance a project that looks to have all this risk built into it?
Another question - was the most recent of drill campaign by FCU a flop? Adding pounds is great but only if it's worth getting it out of the ground.