Waiting for 10 cents to buy more, page-20

1. Debt repayment isn't due until 2022-23. We don't have to service the debt, it's accrued interest to be paid at the end of the period.

2. Yes, cost to restart LH appears to be US$100m with improvements to bring the AISC down to US$30 a pound over the life of the project. However if it comes to that and we are restarting then you'd probably expect U prices to be around US$50+ a pound. If that's the case then the market cap of PDN will go through the roof and dilution will be far less of an issue. I'm happy to stomach some dilution or throw some more cash at PDN if the market cap breaches 1b which i'd expect if we see US$50 a pound Uranium.