An interesting development. In part I suspect it's about...

An interesting development. In part I suspect it's about eliciting an offer before a court decision. Its also about putting Q on notice that 4m is for sale.

So ...say after the dust settles, we still have our 25%, and 4m is well in production. If you were looking for a long term supply of u308 with no sovereign risk then buying 25% of 4m would get you that share of production well below any long term contract price. What you pay up front plus 25% share of production costs. I think it would have an appeal to a number of operators.

Its going to be an interesting ride ...sit back and enjoy it our board know what they are doing.

A good time to buy today.