for oly, page-5

Thank you Oly for your passion and commitment. It's been a very gratifying few months.

Why do you think the finance is taking so long? Worries me a little bit. One hopes they were waiting for good results from the drilling to make their case all the more compelling.

I suspect they are confident of significant U. But 4-5 years away so it will be difficult to attribute U much value now. Of course that won't stop others doing so.

With non-U resources about to climb quite strongly we should see $4 within nine months, in my opinion. Should U drilling throw up something reasonably sizeable then $5 not unlikely, IMOO. The beauty is that the U can probably be processed thru same plant - adding a nice bit of optionality to reduce risk - which will and add quickly to value because of lack of additional capex requirement. So, so sweet.

Not sure how to value the sulphide at the moment. Bit too much uncertainty still. Maybe a good thing otherwise baby might be too attractive too early to suitors. Don't want any Roman Polanski offences before she is of mature size.