I've been waiting for funding since April (when we got the SML).. yes, funding is well overdue. Could happen soon but not getting my hopes up though just because it is "overdue".
Production is not happening this year, everyone knows that.. so any reasonable update from Gus would be a moving of the production goal posts (which isn't a positive).
Japan reactors won't restart until 2015 (from what I've read).. which is what's needed to get the U price moving up more. Great that the U price is off it's lows but let's not get too excited yet at $32-$33.
Closed today at 2.6 cents with a big 1.3 million sell order still sitting at 3 cents. I'll still stick by my prediction of a constant 3 cent range won't happen until 2015.
Let's just see shall we..
A bit of interest today, page-22
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