question first the analysts. actually our of off one from leading is So
XXX,XXX ramp-up need hit a to that pretty half you of will the end of guidance. States to full year year the has production indicating first the steep low pounds, see totaled through the
far can on flow is you some this cetera? capacity, color If going drying et grades, how provide so in QX, rates
are we I question the the running field appreciate would in at The answer I Head presentation, exceptional. question. And well. say, well part. this grades, to during is very attempted least
very well. going So that is
us and drilling crew As we've our more added construction that's crew. between drill rigs, given spacing our
while were over drill lines each too Before pits, got lateral mine in to other, header houses, putting way. area congested. out each around tripping it other's just trying a kind that, they in around of Imagine
separate the increase and of with so work much out, us new that's crews So X of XX to we but effectively, order house itself about every magnitude. we can rigs able those the to XX in on spacing, in have being number allowed that's good that us more to a put leading header days to
again, head is with a our exceptional. So And flow. lot that's grade helping
are We attention have hired to more by now. plan large, crew.
We do, our our through there maintenance and turning of efficiencies and improve and training more now through our the staff to
And so still Not moving we without here hiccups definitely the right forward. some direction. making are good hiccups. but in moving have there, are strides things We and
and up head of seeing at we've of continue in heard that. return there, the been are simply pounds the any the many say grade and you trained challenges any proven and We're the are has can and finding have the to manpower consequence. with we is things issues surface Creek on exceed say that, are to numbers getting related One XXX,XXX that I'll we face of me not produce years to that Any especially seeing. Those that XXX,XXX we're from typically ground efficiencies.
Lost of our get it XXXX least a to very over can confident year. technical
that answers So hopefully, that question.
equity asset The acquisition bidding in indicated question about currently the a And part the to U.S. discussion URG an question timing on significant in you the the of goes ask is is, as raise, provided on your recent second that. of that on opportunity
that We that say it. comment equity to Other raise. report, that, report use M&A. like And a on much beyond possible to indicate report. of really to there than nothing right have we But funds to when we the now, on we is So we something definitive can't can't it. we'll felt really as during definitive comment needed
that really point. can't to this speak at I So
Sorry about that, M&A. nature of but that's just simply the
question from investor. is Next an
It in available Ur-Energy offerings says given public and sales need the cash, will future? additional current the foreseeable outlook
no. that We is we to answer believe the the And got we've forward. cash moving need
through accretive if that there hopefully, embark the that opportunity acquisition, depending on the I will its very hold money make may additional something and M&A it in presentation, story funding. on an spend be into and clear have we if that is the it we adds something and require about that's we we But front, production. something on talk we truly to put Ur-Energy However, that just to can if that not quality something a it's nature, acquisition made asset, only only during believe
M&A, would believe to foreseeable as need the that the equity be raise?
Again, an as part I do the that don't M&A. -- second Sam's would see the that term So any near question cause be be well equity a what in additional have of to future.
And to to we for in raises answers Ur-Energy would related
So have it's what similar share are other, each price asking our questions to very doing, a in we about doing? that is market, why the volatility couple next of
number I A about of factors, obviously. the I of mean, some talked catalysts.
have I days equities XX% be few year recently, about a just think but announcement to the everyone. made across the how that that production ours, and just their of caused improve Kazatomprom not lower, about next board, all you seen ago, will
Similarly, have miners equities that other like volatility. board. So global from see some the Cameco press affected you releases that introduced across
a a puts market negative. larger press release, producers the or is the board, out watches, there either when the positive typically one across reaction, and So of
in That and well have share on price do back raise uranium We I would that, go that, as And little share affects The the we've can't well. we some to into the affects think in and to from September. past And ways particular, of not equities a as But in summer have has what equity bounced we'll uranium the It's Again, as the price. course, what Ur-Energy's somewhat over fall, that. the see market, obviously, we market, seen price price. I I some volatility say we been spot did. ignore early we in go summer. pretty to to that's the very, we weakness. as very the doldrums the get refer poorly not unusual. unusual. meeting in traded spot led WNA London but common That's
sense in to and they the begin and in of That buyers we'll London, think a there, on lot of utilities, utilities, going. find buying. they fuel go see is from lot spot of market bottom the the they they meeting a strengthen, think the market it's people And better the fuel miners, talk with they a make then the then, other talk both with and the I in that where after people, long-term. get decisions a meeting where
see to expect London the meeting activity up additional in do after WNA soon. coming we So that's
got We're cost with We with U.S. slate to there. great number meeting European That's and everyone will a together, utilities. utilities of from We've effectively be most meetings. there. the time very a get a full is of everyone since
that's So a meeting always to attend. great
Let's see.
in other in. nuclear that question the the for which be essentially, months.
But would presidential better times candidate question we've few had fielded the questions X is a come I U.S. question. This last industry? an Okay, numerous is this interesting
what bills years the the passed off or the have administration And a that's for can unanimous lot's really, to manner one done kind in what between counter administration not and of Biden-Harris to the to very cover been nuclear industry Biden and X a the did by answer. been industry, Democrats impact Congress in that with and nuclear -- Trump on in by done last has those maybe administration But an here Biden-Harris industry. the support administration. sometimes X -- the I easy Republicans
Act and passed on with So passed things and material like Act, place The numbers been nuclear ban have which tremendous a great support. the to been all -- our the boon Russian Reduction in Inflation great on ADVANCE utilities. was the and
under all of administration. the done that was Biden-Harris So
supportive are but uranium as President cycle saw see list. well. so did to of Blue-Ribbon on differences a on I would he was continue off critical and Trump industry They very did Commission you Likewise, was So support we front-end nuclear the uranium notable, think imports the of much And minerals good if a list. support that the at the he not of when strong election. the of put look for Harris mining, us.
Taking at he wins probably the if energy look uranium Trump we Biden-Harris administration specifically some take there critical at generation, are The the there fuel minerals administration. from had
stronger So for I for the think just probably the but mining we've not the from seen industry, uranium, support administration mining Trump whole. industry as a
do to but there's the I remarkable -- don't. difference So think I going two? be between a
think our love to around edge. politics. on this differences want I the pick if I want losers call. And the on pick of here and are in But the probably a I that some don't talking further winners shareholders about and to any pros probably provide me give that and glad phone talk about I'd detail be call, to cons. talk the thoughts additional and up and
we on to plan today grow few company over is daily great question. We've something M&A. the length we basis, ponder you grow already about next the company. talked that great at years?
A do question a the Definitely how Next how
focus right than say it won't us. I important too So on much other now to is to that
opportunities M&A. looking with constantly are for We the right
continue to to it though, when M&A. disciplined, will We be comes
turn me to Let exploration.
We more and exploration. have been about thinking more
exploration North that at a a we very hold. of as at projects now We Arrow, in Hadsell, projects do indicated at such some we our of look are taking may the presentation, some other we hard Lost also other couple As Soldier.
was historic Creek and LC lot on opportunity drilling East. at Lost tremendous have so well and those at or also underground mining. of that targeting properties as We conventional Lost Soldier occurred mining, A open pit the
below it when pretty becomes table where difficult feet too feet, Wyoming, just manage. mining to you inflow it water water XXX conventional gets in to have with the get And because consider XXX is, you difficult and techniques much about
knew they there they although deep. So deeper -- just never just because that explored go to really assets, we're we're were for that not were thought conventional they resources, for looking going geologists old-time the
poorly fronts are those very result, a roll as explored. So deeper
And are so a feet if attachments encourage you're there take got opportunity reports are Basin March the in roll maybe that to year. tech XXX lot projects we a that, would of know at you, our our at we to explore look to those and feet depth believe a number we've put X,XXX Divide interested this that we out of in of more as Great to that know annual report fronts about to in
They information. include tremendous
of remember my the favorite can see I it that And drilled in ended. a XX, One you of maybe shows roll can't out. They've are a fronts. roll report, open figure maps number, been lot not our fronts those but that
you It's greenfield interesting map we interested that do So is back how a really there. and exploration if brownfield guys to through are exploration, grow in it's company? opportunity through question, the getting But it's the through M&A.
having the was about we are issues Okay, to facing? the issues that. of supply What next that acid that investor know question precipitated question is this sulfuric suspect Kazatomprom with deals with chain issues. And because I wanted
we XX supply I say, in So the slowing between to -- that ahead order still production issues. or having is encountered we way, are things. in largely chain anything are Creek. months of and XX that to at though, we in There particular Lost have would stay overcoming getting not advance is
transformers. softened are have motor get and a pressure dealing so We meters, particular, of to and -- meters, And centers issues still they very industrial resolved seeing some flow lead control normal. in equipment, the anything issues have and like electrical not like things things instrumentation, with back long more that, instrumentation themselves. Other
We're things.
Switching Creek, great So Shirley again, Basin. ahead there. doing gears we're of at to Lost well
for be to We of are not plant. the especially seeing purchases any satellite challenges there yet, a infrastructure ahead our onetime the capital well have game the great are build-out going of in to concern. But we at ordering, the
be that So to any would serve centers on that. equipment satellite ahead to we upgrade control curve need that motor for electrical the well need the we the of plant, substation
at chain, night, Our team on that, very keep say supply there's I it's is engineering into anything on to electrical on and and that deep the equipment. eye But have an keeps awake if we're it. we'll would aware, me design on so
asked question same here Basin. Shirley and about about investor The specifically manpower the from
believe We've compared struggles at and about Lost is different Basin from I beast large access as the of further not remote. a been the a manpower very Lost Creek, a with open overcome those. although largely It's Shirley bit to is population Creek road Lost good. is more we've Creek.
So Casper, workforce look a got which by a small terms, or your hire lot XX,XXX when we for people here to relatively Creek. but Shirley are Lost Wyoming, than drawing what Basin, We've at closer in it's we from it's area. of XX,XXX it's Casper, only larger about much many to a is
also would I Shirley X-hour town, road, into And way to all that Basin. the a a the have good paved installed the are closer in-situ way it's Casper. it's almost all-season now the as road all we projects. And on we the to a from importantly, of quality drive highway, say
when together, So and they things, And very I say there at the going running. were make finally, hiring at that easier. entity. worked worked probably to a added much A those X,XXX when Shirley the Basin have years, conventional well-known were mines people people they're is over is mines think of all would much, up Basin lot of nearly I Shirley the
of back have Basin into excitement learned get Shirley that. people So I that lot as lot a a of bringing inbounds, production, about we're
I hiring think with help to So that's well. going as
Are So going Ur-Energy hasn't RFPs any Ur-Energy sales and responding? contracts announced issuing the is utilities one, new recently. next to
selectively as doldrums little of at RFPs. this rate still yes, early But now. kind we're bit in to a RFPs. right they're last summer in still reduced respond X for diversity year mind and eggs receiving asking of maybe to that don't quantities are well or Yes, book. put the a year. keep as all to Again, utilities We the of all those contract our we compared Maybe of want are late for in We timing. We issuing based example. the the basket, on
responding. we are So
As we've though, I indicated just a tactic in presentation the bit. changed
are for and Those available increasing to We there. market-related our contracts are with certainly looking ceilings. floors exposure out
so RFPs. respond have more to again, to to continue trying we'll sky. so And that exposure, more and get market But to blue we we're exposure
question. Next
are and the Basin? in count planning online to Are at bring You rigs the have the commented presentation. adequate about current for Shirley you needs development rig
good a that. getting ways into We're
close got I probably here. but So need But now. a for second would to Steve But I and say rigs both the wants ways me the timing year. won't forward, important to Shirley Basin, projects. long enough going handle rigs total I we until of if can next correct into in would would can't we've need he is everything, we jump we're getting say are yes, the of we say to. and it quarter Most for
to don't I we X, So bring we've X, additional a quite sight those need on of months. on, rigs some for those And few really want we would good think another that. roughly X got line
us. seeing new getting current they're bringing up, they're on because growing out uranium And are site, issue our trained drillers industry. we it's soften more for the steel drillers, that the So there's rigs, more bringing confidence to in
are we rigs, supply of So want we're to end but at I believe on there the with I the say of see don't drill the beginning that. to chain end issue
all of by I'm next will year, producers just mirror, for our the the in here hopeful this for of rearview be us, in but not Mountain that issue West. middle
in want Steve, an on a further you know jump opportunity can quick take don't I So to I you give drink. if comment to that and any
