So why didn't take up at least some of that debt funding when...

So why didn't take up at least some of that debt funding when PEN did the $106m equity funding 7 months ago and $60m the 2nd equity Capital raise early last year.

Pen been saying debt funding for a number of years, Its doubtful any debt funding will happen until PEN can prove its project Uranium recovery is economical and able to make loan payment along with company running costs.

Also think if Wayne base in the US and well known in the Uranium sector couldn't get debt funding done Goerge has less chance base in Aust, Goerge is known for many Equities funding on a number of companies