Ann: Annual Report to shareholders , page-4

Surely there must be good value in their leases.

How are Honeymoon and ? able to extract uranium from nearby in situ sites?

Perhaps if the trial site is moved to another promising location uranium may be produced.

If Oban is a bad location Curnamona has indicated that they have many other promising sites.

With only $1m in the bank I see that we will soon run out of money.

There are 3 ways that CUY can continue:

1 Raise money from existing shareholder.
2 Raise money from new investors.
3 Wait until the options mature and expect that they will all be exercised.

Which of the 3 are likely?

The ugly outcome is that the company goes broke and the creditors get what is left.

Or the largest shareholder (HAV) takes CUY over.