Ok this is what i really think,..The FID plan was go into...

Ok this is what i really think,..The FID plan was go into production to recover the ore left in MU1 and 2 as MU 3 wasn't ready
But the recovery rate was so below par that it didn't justify the cost but the board didn't want to tell the market that Lowph was underperforming.
So came up with the B plan tell the market that UEC canceled the contracts, that would not make the FID look foolish and that would buy PEN time to get MU3 ready and do the resin backend which was planed at a later date anyway.
Dont know how the would play out with the Uranium contracts deliveries next year and 2025.