Ann: $1.75m Placement Announcement, page-10

I think that the market recognises that uranium has to move at some point -

It's just how close to the starters pistol does positions start ?

That they are bringing forth the drill says that they want to be seen as growing quality assets on books - as the cream and they think it's time to be active.

It just depends - does the market wait until we get to 30/lb etc (on its way ) to position ?

Or does the market say - it has to move in the next 24 months ? So position early ?

False starts May create uncertainty.

Hoping for volatility and that might loosen a few ops cheaply .

Otherwise have an entry position with heads - just in case market madness suppresses uranium price for another 12 months .