Interesting that you bring the Husab mine up, and also use the term "ramp".
Husab is another reason why Honeymoon will not be able to mine Uranium profitably until the U price has a mared increase, as the Namibians are ramping up the uranium production out of their country in an attempt to increase the standard of living within the country.
Another reason why the Kazaks and Canadians are reducing supply. The Chinese would rather buy uranium, as they do with other products from assets belonging to Chinese entities.
Honeymoon does not even come close to being able to compete with the quality of uranium or cost of doing business or government support that the Husab mine enjoys. Most of the Husab U is headed to China to by the way.
Boss and Honeymoon only have one way to get money at this stage. No bank will loan them money, so that leaves them with the task of raising funds through capital raisings periodically.
(20min delay)