All will be revealed in due course in the DFS if you haven't read the data releases over the last 4 years - there are a few options for an economic source of water as per recent releases - the company is optimizing the best option currently for inclusion into the DFS.
At a $12m cap there is very little expectation of a successful outcome baked in at this point (near all time lows) - its certainly worth putting in the reading to assess for your yourself, as the potential here, assuming outcomes as expected offer an interesting risk-return ratio.
Like always - a spot U price above $37 is likely to be a trigger point for project financing to kick in - hence its key to ensure ones cycle view overlaps with a positive stock view.
All will be revealed in due course in the DFS if you haven't...
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