See page 25 of the recent New York 'Hard Assets Presentation' and you begin to get an idea of what we are sitting on here people.
Based on a resource assumption of only 30 million lb U3O8 they equate post Capex and all expenses a NPAT of $38.5 million per/ann on an estimated 18 year mine life (on the existing resource).
Now work out what 76 million lb U308 is worth to this project alone and what that would do to the sp of PEN.
No need to be a wizard at maths to work out we are sitting on a giant of a company, just based on Lance alone. I don't know about you lot but I know what I will be continuing to do.
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