pacmag triples sentinel uranium grades, page-6

The fact that they are running this low on cash reserves and don't seem, outwardly at least, to be worried about it (no curbing of program activity or caveats re the market sentiment in their announcements) suggests strongly to me that there is already a plan in place to replenish needed cash by either a JV or an equity stake, probably from GIR as the planet in nearest orbit since they have cash. Some sort of merger or takeover might be the next possibility while the sale of an asset is also on the cards but the principles of this would need to have been put in place before the crash otherwise it risks selling short in this market - which I don't think the 'family' holders would want or allow. Who knows, maybe BHP will buy them with the cash they now have burning a hole in the pocket(I realise BHP were going to borrow for the RIO adventure but they still had a cash component going into it, not sure how much, but it was a few billions - plenty to share around).