Hooky - attention to detail is a good thing! Your points are mainly exaggerations - as detailed below:
1/ The SML is going to be issued in March 2014 which is the last requirement before we are able to commence production.
Not correct - the SML may be the last major permitting hurdle but as far as essential 'requirements' are concerned, you have omitted to mention the raising of mine construction capital, the mine construction phase of 6-10 months and the evidentiary hearing
2/ We have off-take agreements in place with a u3o8 price well above the spot price.
One agreement in place - not agreements
3/ We have funding in place to allow for the cost of building the required infrastructure, some of which has already started.
Most of the funding is NOT in place. Proposals were apparently being received during October. We are yet to hear about these.
4/ We have already proved up a large amount of u3o8 which will supply production for many years and there is also a large amount of reserves still to be proven.
Quite a bit - but still far short of Strata's own feasibility hurdle
5/ Whilst uranium is not the flavour of the month at the moment, its time will surely come. A world wide shortage is looming and the spot price must rise imho.
Not sure what you nean by 'looming'. Still seems a year or two off.
6/ The other positive is that once we get the sml it is highly likely that one of the big producers, e.g Cameco, will try and take us over hopefully at a significant increase to the current sp.
There is no necessary likelihood of this. both Ur-Energy and Uranerz received SML's in past year/18 months and no signos of takeovers there. So why with Strata?
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