we need cash

Price rising on hopes of a kickstart to the U industry but we all know that ACB needs cash and alot of it to survive for the next year or two, atleast until we see some significant movement in the U price.

Cap raising will have to be on the cards over the next few months, just looking at the most recent financial report (Dec 13??) ACB will need cash very soon to keep operating.

I think its the biggest risk we have before us is can ACB survive long enough to capitalise on the future U price rises. Im sure China will keep pumping in the money on the hope that ACB will be able to quickly bring the mine to production on relativley low cap ex and op ex.