Hearing, page-53

Reason for so "muted" response IMO could be because of the below
:: This could mean there is no rush to get in as determined by the people/group who control the SP on a "trade by trade" basis.

paragraph from page 1

The scalable production development plan significantly reduces the initial funding required to initiate sustainable production at the Lance Projects, decreases the volume of uranium needed to be contracted in stage 1 and allows the Company to defer most of the planned uranium sales contracts until such time as the uranium price is more attractive

Then from Page 3 - under "Scalable production Plan Benefits", second para


Initial capital expenditure required to reach positive cashflow at the Lance Projects is substantially reduced


Then on Page 5 is the below


Project Development Funding

The Company is currently engaged in advanced negotiations with a number of existing shareholder and other international institutions on finalising the project funding for Stage 1 of the Lance Projects. Technical and site due diligence has now been completed by these parties, with final commercial and legal due diligence under way.

Stage 2 & 3 are expected to be funded by a combination of debt and working capital surplus and it is likely that one or more of the current senior secured debt providers the Company has been engaged with over the last 18 months will be the project debt provider(s).