recovery has just begun, page-14

There is no reason why a capital raising would be required...they just raised 5 mill+ a month ago and that money wasnt even necessary as they already had the funds to keep them going for another 18 months at the current cash burn rate, I would assume they would have enough cash to last for at least 2 years at current expendedture.

My guess is we will find out a major company has got involved in the recent placement, we know either a uranium co or Ree company was in it, my guess is on a uranium co ie mega uranium.
This is a foot in the door for a major in my books who will at a later date offer to fund the development for a % of the deposit.

Good luck all, nice days trading on what was a terrible day for resource stocks.

I havent received my info yet but will pass it on as soon as I do but from the word on the ground all is extremely positive, if you think its just little guys playing the stock look at the size trades that went through on the open today.

Will keep you updated.