As per quarterly announcement the Uranium exploration will be conducted in-house by ASN. No major works so no major cash burn.
Your comment about spending the raised cash on uranium and needing more cash for other projects is incorrect .
As per the raise announcement the cash will go to accelerate the company’s flagship paradox project to the PFS which will include engineering studies for electricity and gas works.
No need to twist words to spin negativity, the facts are in the announcements for all to see.
Ann: Revised Quarterly Activities Report and Cashflow, page-25
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