Pseudo, 1) A rapidly rising U price 2) Fairy Godmother...

Pseudo,

1) A rapidly rising U price
2) Fairy Godmother sprinkling Fairy Dust over the lease and returning it to us

Choose which is most likely, and possibly its not no.1

Obviously there isn't any offer to put to shareholders IMO.

Maybe there was / were "expressions of interest" back in July.

As we know alot has changed since then.....

- no sale progression partly because Q won't let anyone take a peek under the hood
- stockpiling of product due to the diminished U price with no guidence as to when that could end
- forfeiture of 40%
- another bout of legal action begun
- clearly no finance available hence heavily dilutive rights issue
- spot price stalling
- japan election - no politician will make restart decisions till that is well passed

IMO i doubt there is any active sale offer on the table @ present.

How many would of been happy with PDN or TOE shares as "the sale" currency.....

Evidently Q has no long term sales contracts which would have got us off the depressed spot pricing (or such contracts have sufficient flexibility to allow stockpiling till product is "required"). I wonder if this possibilty might have tripped many of us up when looking at the mines possible returns...

GLTA.