Please explian in laymans terms, page-2

At the rate they were spending last quarter the underwritten amount gives them an extra 6 months, and what they had left was also 6 months worth, so that's 12 months altogether, before needing to borrow.

I think even the most imbecilic management team would realize that this is their last dip before achieving something value adding, so hopefully the proverbial finger gets pulled out.

For what it's worth, I've bought back the shares I sold 6 months ago (for roughly half what I got then), but then I am something of a sucker for punishment. I guess I believe uranium has a future, and even rare earths, albeit perhaps some way off.