Hi bubwell.
Sorry if it seemed I was implying a T/O, I wasn't. What I meant was funding for Karoo and maybe even to some extent Lance. PEN does not want to sell either leases IMO, they want to mine and produce both of them.
I am aware of Cameco's problems, they have many. This won't reflect badly on PEN and time will show why.
PEN are taking the enviro aspect very seriously and have a clean site, i.e. fully and successfully rehabilitated and certified as same.
I am purely speculating that Areva may be the source of funding. There are many alignments and shall we say coincidental situations coming to light between PEN and Areva. I will be watching very closely.
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