That is a good letter. I have also fired off a second letter to...

That is a good letter. I have also fired off a second letter to Woods this morning. As you, i focused on the changes in the underlying fundamentals of teh uranium market and re-itereated your points that all the assumptions and valuations used are worthless, new valuations are required. I also reminded Woods that he and his team face potential liabilities if they do not properly value PDN and its assets. Like you said, the Administrator has a fudiciary responsibility. It also seems that Woods didnt involve the major creditors such as EDF, unbelievable strange given that EDF is a secured creditor and most of these have zero security whatsoever.