So it's 2Q 2020, there's a Uranium deficit and U price is somewhere in the conservatively predicted range of $60-80. What do you think the SP of PDN will be? Do you think it will be still 16c? Because I'm pretty sure it will be more like 40-50c (and that's being conservative). They will have no problem under those circumstances obtaining the 100m (I'm guessing 50m CR and 50m debt).
Your 2bn scenario is so bafflingly unlikely it's almost funny, where do you get this stuff from?
Free cash flow, page-6
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