Ann: Langer Heinrich Mine Restart Plan - Presentation, page-22

I'm not so sure about a takeover I think management would reject an offer as we are in the very first stages of a uranium bull market and they would expect to get a better offer if they wait. However, expecting Chinese money for a restart is probably on the money. They own 25% so they would need to stump up 20 million of the 81 million restart costs. Maybe they would put up the other 75% of the costs as a loan. Husab, the big Chinese mine in Namibia has an aisc above 60 usd - see https://seekingalpha.com/article/4055170-uranium-spot-might-hit-51-54-in-2018 and so Langer Heinrich compares very favourably with 31 usd aisc so if the Chinese need more uranium they should just buy it for 60 usd from Paladin.