you are correct, needs dedicated money to get the Uranium assets to market.
The Convertible Loan Agreement appears to work as discount to the heads of agreement from revised terms post Petra exit. (circa April 2022).
or if EPM decides to wake it up - then allows Oz Yellow to cash in.
This appears to be ~ 50:1 (or something of that magnitude, the original agreement was 27:1 at the time).
But if valuations are revised be awfully silly with Uranium Spot $74lb verse the $40lb at the time in April 2022.
you are correct, needs dedicated money to get the Uranium...
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