Hi ...called up Cuy the other day to get a point clarified...spoke to Bob Johnson...IMO quite a frank and forthright person
1) has a paul Hogan sort of self assuredness about the company and its prospects
2) All the paperwork is typical govt.bureaucracy ...everyone trying to cover their ....
3)The aim of the trial plant is to determine the % of recovery which will help determine more accurately the overall Jorc estimate
4)he said even the trial plant would produce a few tonnes of U308( he mentioned a figure but not sure if I should put it here)...But from this part of the conversation I felt that the cash flow from the initial trial would help fund the next stage of the full fledged mining..
5) quotes " we will be producing uranium. " and "looking to pay dividends "
IMO very few companies are dirven by individuals with a purpose..(i.e earning cash is a result of their action rather than the purpose of their actions )The chat I had with him has given me renewed confidence in CUY & its mgt..( unlike some of the other co's I have invested in a burst of "irrational exuberance:) "
Good Luck to all LT holders
rgds
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