Base Load Electricity, page-3

"I recall Gus stating in his last BRR about how production will go in terms of only producing what was necessary to fill existing contracts until the U price recovers"

Schumacher - so far they've only contracted a third of what they need for Stage 1. The Stage 1 mine plan is for 500-700K lbs/annum but they only have an average of 166K/annum under the existing contract so need another 400-500K per annum. Also need this to finance mine construction.