There is a bit of a warning light flashing for holders of other uranium companies with big capex bills (like BMN).
So far everyone (BOE, LOT, PDN) has relied on very large and dilutive equity raises. That speaks volumes about the fact that lenders are simply not interested at opening their cheque book to African-based projects in an historically volatile commodity. The sort of comment you simply don't hear from the uranium bulls posting tirelessly on X...
LOT Price at posting:
27.0¢ Sentiment: None Disclosure: Not Held
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