Ann: Update on Central Processing Plant Commissioning, page-220

1. Uranium spot price on a negative trajectory.
2. There's no short supply of yellow cake
3. Trump administration are not nuclear energy fans because it's expensive and somewhat dangerous and scares the people of America because of past catastrophic failures in nuclear power plants.
4. The cheaper uranium spot price the less profit for Pen. They may have to stop the operation if it gets to 40-50 a pound because it's no longer profitable to produce.
5. 20:1 Consolidated share is starting to scream capital raising will be needed later this year. If plant closes more capital raising will be needed to keep it as a going concern.