 Today I have the pleasure of speaking with Deb from Vision Uranium. How are you today Deb? I'm good given the situations. Well, yes, and speaking the situation since the isolation lockdown occurred your stock has tripled has tripled Oh, let's just start there. Why is your stock tripled? Well, I think I think was oversold and but suddenly the big issue is that the spot price is shot up and the reason spot price is shot up is that for too long utilities have been counting on the short-term market for their supply of uranium and suddenly with closures at cigar lake in Africa and We'll see I might see more suddenly the supply 54% of the world's supply disappeared overnight and suddenly these utilities who were counting on the spot mark and that's the big difference Fukushima didn't drop to demand for uranium. It changed the way contracting is done instead of having long-term Plans in place too many utilities live off the spot price I think 2018 50% of their supply came from short-term whereas in the past when I got in the business 15% So they rely on that spot plus boom it was gone And you know, everybody is done. Well, I guess a chemical went from 8 to 16 Everybody's trading higher pre-covid because of the spot price. And that's what is crucial here is the spot price Well, I think it probably helps a lot of us as investors like the fact that you have cash And your announcement that you had closed a us 10 million dollar credit facility with Sprott undoubtedly Helped do you want to comment on that? Well, we're very excited to have the Sprott on site Not was it just give us a bigger runway to see what happens with the spot price But also having support in the likes of rick rule in the open market to The wisdom of peter groeskopf Peter and rick were very crucial to life because rathmore began way back when and certainly peter Was head of banking that led us split out. So we're very not just them Lending us the money. It's who lends you the money. This is very smart money very intelligent money Who have all sorts of arms to help you move forward in your corporate plans? Well, speaking of smart money as well the issue of sustainability has definitely been on our I'm our readers minds. So for instance president trump, of course with this nuclear Work fuel group, of course announced that they were going to redirect 150 million dollars Over the next 10 years for buying us based uranium. Can you tell me how that might impact vision uranium? Because of course you're canadian based. Well, first of all, they're talking about it That's number one to me and they're you know, people are waking up like the michael moore documentary should wake everybody up There is no green alternative. There's no green deals. It's called biomass. We burn down trees Watch it. It's very important. So I think it's just it's a reality check Um, so living in a little bubble that we're wind and something's going to do it It's part of it But a very small part of it if people want to turn on their power the need uranium Be sustainable and then you'll turn it on and off. It's the best base low power in by far It's clean no carbon footprint And and that's what people are saying, but people shouldn't be fooled by these green energy deals They're just really cutting down trees And of course you are based Your your primary project is based in Saskatchewan, which is one of the best places in the world to have A mining project Can you talk to us a little bit about one of the some of the benefits That fission uranium because we're going after a new investment audience for you dev You know not the already standard guys that are already in the industry Yeah, you can't you can't put a price on jurisdiction. Just ask some people who've had their minds taken away like in bc I think it all started with brad wall and It's a fantastic person as well He really welcomed and And he put in rules in place now that's important, but also you have to remember uranium All of the Canada's uranium comes from one spot Which is the Athabasca? And so they've got 60 years of mining experience and the government chemical use be part of the government So there's lots of rules and stuff in place and they they want jobs They want the industry. So they work with you They used to do crazy things like five ten years ago Take companies from here. You had to pay your own away to take you to china all do tours So Saskatchewan has always been proactive and how do we help these young companies attract capital if they can spend in their province? So you can't say enough about it. I think people have learned what happens when you don't they aren't in the right jurisdiction Well, as a CEO of a uranium company. Can you tell me how you're managing COVID-19? presently Well, obviously we are not letting people come to the office It's we make sure they stay at home or if they do come in I just to pick up things So we limited the interaction We've certainly Been careful on the field. We're trying to we're helping along with other partner denison We are as initiative to get more masks and equipment out to those communities that we work in So you mean we realize that and that's a big issue the northern People coming to work in these camps, but then they go back into small very small communities where they don't have medical So that's another reason you'll be very careful when they bring cigar lake back on It's the fact that they go back to communities where they don't have good Medical facilities if something does happen Have you started putting your plan of action together for say the next quarter or two or are you still waiting for more news? Well, I I think it's it's we have got ideas But again every day, you know, if we get another outbreak and subscribe so they may slow it down again Most everybody has stopped their feasibility work and involving a lot of people. So Um, we have to wait, but we're ready. You know, we've been talking about what do we do this summer? What can we do? and again, that's a function also of you know It's how much money is out there and you know, we're starting to see what we saw this morning Another 30 million us partly dead and from Warren gillman's group to next gen. So you're starting to see money in the space Um, so as we see more money coming into this space, you know, it'll certainly give us us more capital more options for money And get some work done. So unfortunately, you are kind of waiting on the government and you're waiting on the spa price Well, dev as usual an excellent update. Thank you so much for this and we'll check in on you say in a couple of weeks Happy to talk anytime. It's pretty easy these days Okay, thank you