This is a fair report. Wayne is fundamentally an excellent Low ph ISR expert who IMO must be exhausted having navigated to production in July 2023 only to be told by UEC they were terminating their mill contract. By his own admission he is making way for a more dynamic commercial leader now, still very much engaged. The Chairman I believe is 76 years old and long serving and I guess moving on to take things easier. The last years have been for all shareholders extremely frustrating and my only consolation is that I doubled my holdings recently as I believe the fundamentals and risk reward have a significantly larger upside than down side. the chemistry was proven early on, they have no debt, existing contracts until 2030 and a resource in Kendrick, Barber and Dagger that are not included in any valuations.
I am keeping my fingers crossed we will finally succeed as a wholly stand alone Uranium miner, potentially one of two of the biggest in the USA within 2 years.
The fact we have had no other news especially this month, and especially on the back of the unmarketable share parcels announcement this week, would lead me to believe no bad news and everything is on track continuing pre conditioning and commissioning and I would hope storing ore ready for drying, I do recall they have one drier and the second is still being serviced.
If there was a further delay the company would be obliged to inform the market, so late in the month for that announcement now, so I hope they are pumping and will have a meaningful update in terms of ore extraction volumes. Time will tell can only hope. Like many here I need this to succeed. GLA
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This is a fair report. Wayne is fundamentally an excellent Low...
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