RE:RE:RE:RE:RE:C$250m shelf prospectus filed ... @ Uranium308 - Hey Homer. You almost certainly made a misstep thinking that a projected $250M capital raise will be used to fund operations when operating expenses are less than $10M a year.
Much more probable that there will be some substantial announcements forthcoming that the funding will be used for but I'm going to reserve my opinions on that for now.
Maybe start by rereading the IRKS report though. One of the complaints made in it is that "government authorities have granted
tenure and issued authorizations for exploratory activities in the absence of meaningful consultation with the CRDN."
The report also states that the the community has "grave concerns about the potential impacts and risks posed by an increasing number of uranium mining and milling projects and exploration activities occurring within its Traditional Lands." Siince the Dene have already made development agreements with FCU and NXE the complaints in the report seem to point towards the Dene wanting some ability to control the other compaines in the area that they don't have any agreements with. Like for example DML which you claim to be a shareholder. So what do you think? Is it a misstep by Cates at DML not to have an exploration agreement with the Dene?