I don't get this bit., page-8

if you are positive on Uranium market turning (at some point in the next 12 months) you should maintain a position in VMY. Amongst a small handful of company’s that are best leverage plays. why raise $10m if the market cap is $30m and dilute to that degree ? Raising a bit at a time is good. buyers/sellers report coming out in September. As is nuclear symposium in London. Will provide new set of insights on the market. And should have some insights soon from drilling at Alligator region.