Hi I’ve spoken to the Mgmt several times. With over $50m in cash and burn of 10m-12m a year they can last a long time. definitely till end 2022. If u don’t think uranium will recover by then u shouldn’t be invested in the sector!
@contrarian8888 Thank @quakes99 for the referral. I'm curious, to what extent do you believe $PDN will need to equity finance/borrow/sell stakes to maintain C&M pre 2021? I find it unlikely cash on hand will be enough. Is there something I'm missing?
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Thanks
@contrarian8888 for the reply! This is the confirmation I was needing. I really appreciate you taking the time.
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