RE:Use Of Proceeds@ RP - Personally I like the move to raise $250M. It's not enough to build the mine but It's enough cash for shared infrastructure costs with NXE. NXE currently has its mine applications before the regulators and the CRDN commissioned report pretty much assures that the Dene will not accept two mills in the region without putting up a stink.
So it's only some short term pain for long term gain as one mill is better for everybody and that is what I believe we are currently seeing playing out. A FS and capital raise by FCU and then a MOU on a mill and infrastructure with NXE.