Strauss,I don't think we will see a CR in the next 3 months due...

Strauss,

I don't think we will see a CR in the next 3 months due to:

-cash at Dec 31 was 517K, with estimated current qtr outlay of 195K.
-additional cost savings measures implemented since then, eg all Directors fees are paid as ordinary shares
-raising from a position of an improving Uranium price will deliver a better outcome

Having said that, cash position is no doubt getting tighter and some don't like the risk that brings. My guess is that's why some of the recent sp gains did not stick.

"do they have an idea what mining costs will be per lb of U"

With Vanadium credits, they are estimating net opex for mining Uranium of $US14/lb . Pretty damm impressive

Uranium is a bit unloved by the broader population. Watch the do gooders get on this stock when (if) the ESS VRB deal is done.