Sorry Penergetic, but production of 35,000 pounds for the quarter at a cost of $100/pound is a little worrying.
Gus needs to stop telling us that something (SPP) is happening tomorrow when 2 weeks later it still hasn't happened. Same deal with Karoo PFS. He seriously can't keep to a promised date. If the date is uncertain, don't tell the market.
Arguably the next quarter's results will be "normalised" without the icey weather and with all head houses pumping. Still, production doesn't seem too crash hot at the moment.
We are going to have to purchase more U on spot throughout the year to meet deliveries.
Not a great quarterly in my opinion, but I can see the effort in improving information disclosure.
Sorry Penergetic, but production of 35,000 pounds for the...
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