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01/05/25
04:21
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Originally posted by ToiletPaper:
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Well that should ease some of the concerns some had regarding contracted lbs - this allowance has been covered and at far less of a financial liability than I believe was anticipated. The ramp-up of wellfield developments, progress on CPP, expected production of yellow-cake by the end of the June quarter and the company fulfilling its obligation with lbs to its client/s - signals to me production is truly forecast. Cash in the bank $38m Aus. Better than expected. The life of mine, revised prodocution guidance and whatever funding announcements to follow will be interesting. Hoping the contracted volume of ~400klbs/2025 can be satisfied...
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And Kendrick in the last phase of being fully licened for mining! That alone is already worth more then current Market Cap