Perhaps most important for Laramide is the news from Queensland that the uranium mining ban has been overturned. Laramide has also announced that its La Sal project, in the southwest U.S., is fully permitted and could potentially be put into production next year. The project is close to Energy Fuels' White Mesa Mill, where the company hopes to orchestrate a toll milling agreement. The company also has a royalty interest in the Church Rock deposit in New Mexico. It was able to sell forward some of that royalty; the remaining royalty is valued at somewhere between $15M and $75M, depending on uranium prices. This highlights how undervalued the stock is at this point."