Work to do no doubt, but pretty obvious the stock was dumped due...

Work to do no doubt, but pretty obvious the stock was dumped due to UECs dirty last minute walkout. That's been discussed to death. Worked out well for those entering/re-entering atm.

$95 millon needed and announced to shareholders in a few weeks after the walkout along with a solid stage 2/LOM update showed they've got a path forward. Being just weeks away from initial start up, I'd say the infrastructure and know how from that effort would've laid a pretty solid platform for stage 2 planning. 12 months to start up. 24 months till cash flow positive, figures provide in the update below.

Early days but hey, in a market heating up like this, the $95m won't be to difficult given its 220k pounds of inventory, IRA potentional funding, bonds, CR etc. They'll be a far more profitable out fit at higher output. The Cashflow positive by year 2 aspect will provide comfort to financiers.

Most U potentials are doing well atm by simply having the pounds in the ground untill a U price more accommodating comes along...then watch there CRs explode as they move toward getting to production.

Have been burnt by U sector and Pen in the past so not going in with more than I can afford to lose. Learnt that lesson. Pen will have learnt there lesson from UEC. A blessing in disguise imo. More than doubling production and processing there own pounds....should've been this way all along, far more aggressive and profitable. At days end being the biggest US insitu producer should've been there target all along given there resources size and potential.