While I agree with the general sentiments expressed by G4Gold, I think that the delay with North Pipes in this particular case has little or nothing to do with the moratorium, and I think VP's analysis is correct. It seems to me that if the price of uranium went up a little (wouldn't take much!), it would be enough for the deal to close if current prices/trends are the issue holding things up.

On the other hand, if the delay is due to a 3rd party as VP has suggested could be the case, it is really not knowable by anyone outside the details at this point and no timing could be gleaned from such little information.