Ann: Project and Sales Contracts Update, page-3

This is a positive development. Also, they are in advanced discussions with multiple parties in relation to short term funding. In previous announcements it was both debt funding and CR. I assume debt funding to complete their workstreams. CR will be considered once workstreams are completed which includes the reset plan and revised production guidance.

3 contracts were terminated, and I think there is another 3 contracts in place for discussions. I am assuming that they do not have to buy in the Spot market to meet the deliveries on the 3 terminated contracts. Yes, they will be exposed to the volatility of the Spot market. I expect Spot market will be trending higher with some fluctuations short term.

Cross fingers that they are on track in producing yellowcake by 30 June. Plus, there is a $750K incentive bonus for Samuel EPC if they meet the deadline.