WUC just released its Q3 financials. Just less than a half...

WUC just released its Q3 financials. Just less than a half million in cash, but a burn rate of $160k per month, trade accounts payable of $575k, accrued liabilities of $218k, and the Nueco ($189k) and Siebel ($108k) loans are both in default. In other words, WUC is insolvent.

At least two million needed to commence production, as well as a U term price of $45/lb., a new milling agreement with White Mesa, receipt of modified mining permits, and receipt of any required ablation licensing.

Tough few months ahead for Mr. Glasier, et al.