Pretty good summary,
1) Francis Maude Uranium results due soon.
2) Copernicus : 16 RC Drill Program underway. Results around Christmas.
3) Current UMC holding with $30M or 60% of THX current market cap.
4) Looking at selling the 12M options of UMC (as an option) to a (longterm) trade buyer to fund the Copernicus development costs.
Good message in general.
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