toast, page-3

I agree whole heartedly drazicci85, anyone with nothing better to do can down ramp a stock, for what purpose?

With operational performance coming through for both the Langer Heinrich and Kayelekera mines. The company has reported record uranium production in 2013 with the delivery 8.3 million pounds of uranium. While for 2014, the company expects to produce 8.3 million to 8.7 million pounds of uranium. A production scenario that is very healthy for investors.
Unfortunately, the uranium price, following the Fukushima incident in March 2011 has been very weak. The crippled Fukushima site continues to influence the perception of the industry with negative news flow.
Importantly, the company has attacked costs, and on this front the news to 30 June 2013 was very positive. With improved production levels and cost cutting initiatives the company was able to reduced C1 cash costs at Langer Heinrich by 8% from the June quarter 2012, to US$29.40 per pound. While at Kayelekera over the same period, C1 cash costs were reduced by 34%, to US$39.20 per pound. The company expects to reduce C1 cash costs further in 2014. It is crucial for the company to reduce costs during the current low uranium price environment.
The current low pricing environment will require the company to write-down the value of assets for 2013 by approximately US$180 million. At the 31 December 2012 half year, the company had debts totalling US$817.4 million. The company did indicate in the March 2013 quarter that some US$150 million of debt had been repaid. With the funds from the capital raising, the company has strengthened its balance sheet further as a safety against the havoc of weak pricing.
Also the withdrawal of the partial sale of Langer Heinrich is a wise move, as valuations will reflect the current weak pricing environment.

With both Langer Heinrich and Kayelekera operating at high utilisation rates and the company moving to reduce costs; expect further positive news flow going forward acting as a catalyst to push the share price higher but with continued cautiousness about the broader industry circumstances. The recent placement should provide balance sheet support, as the company experiences a period of very positive operational performance during a difficult period for the broader nuclear industry.

It will take patience but sooner or latter the price of Uranium will increase with the demand for it as there is 70 nuclear power plants being constructed.
http://world-nuclear.org/info/Facts-and-Figures/World-Nuclear-Power-Reactors-and-Uranium-Requirements/#.Ukom4D9mM40

Further reading on the price of Uranium and where it should be heading
http://www.resourceinvestor.com/2013/09/24/uranium-price-headed-for-50-in-2014-taking-stocks

DYOR blah bllah thingy