URANIUM - G. E. CONTRACT In late June we concluded an agreement with General Electric calling for a minimum 1. 7 million pounds of uranium oxide for delivery in 1969 and 1970, with the buyer to have the option to increase this to 2 million pounds. Taken together with the sales made earlier this year to Swedish and Swiss interests, as well as deliveries to the AEC under the stretched-out contract, we now have assurance of operating very near to our rated plant capacity for the years 1967 through 1970. Certainly the entire outlook for the uraniilm mining industry has brightened considerably in the last year, and we are quite optimistic about this part of our mining operations. I imagine that you will have many questions concerning the uranium business, and I will be glad to answer those to the best of my ability later.