mlc, I definitely hear what you are saying.
I wasn't ecstatic with the grades of the recent announcement but we are encountering new zones, hence, the potential is there to improve quality and, in turn, project economics.
Whilst you did mention Areva, lets not forget about the new addition to the registry, being Hanlong.
Unlike previous substantial holders, I do not believe the abovementioned intend to reduce their holdings or exit any time soon.
Interesting to note Areva's recent capital raising as well.
analysis, page-8
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Mkt cap ! $104.8M | |||
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