Ann: PEN delays Production & Accelerates Inhouse Resin Processing, page-128

If it is point 1. Why have you resulted in the board being incompetent.

I am sure the company will be able to turn this around and it may turn out to be the best thing that could have happened to them.

There are other options they are pursuing with respect to their contractual obligations.

We wait to hear about the plan for getting us back to production.

Yes it will take time and we may need to spend some money but over the longer term when Uranium prices are closer to $70-80 then it may be fortuitous.

It is a hold for me and in the bottom draw. But it is easier to do when they are only 3% of my portfolio.