start phantom transmission
Uranium ¬ October 10, 2005 Ux U308 price: 33.00 Change from previous week +1.00
Thats AUD 44 / lb now Stop CMR cite 4 mill lb pa production target Stop Thats AUD 176 mill pa gross revenues Stop Opex is LOWER than that for oxides Stop Est AUD 120 mill pa gross profit Pause no capex cos internally funded Pause hence AUD 80 mill pa est NET earnings (about twice PDN's) Pause AUD 1 buck per share NET pa if they achieve this Pause say 2008/9 target Pause on top of MIN AUD 50 mill pa net from oxides Stop NO DEBT into y2008/9 say Stop Thats about AUD 1.60 ps NET pa Stop Holy Grail 1331 achievable at PE 8 Stop It just keeps getting better Stop No allowance for sulphides Pause the Golden Fleece Stop Market still has its head in the sand Stop THIS IS THE GOLDEN GOOSE Pause no need for anything else Stop Oxides revenues bring on everything else from internals Stop Uranium resources from 3 first targets (of 8) likely before oxides start Pause first Mt Fitch prelim maybe by Xmas Pause if so might well see the next ORM pivot 220 by then Question Mark Stop Bruce seen cohorting with MmeYu Stop IMBOOC Stop BOCICBW Pause TDTIAH Stop End Transmission
CMR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
