uranium seminar, page-15

I'm with illiquid, I, like others am looking long term, could be 3 years away or thereabouts ~ who knows at this stage, but I'm hoping for all to go to plan ~ the initial dividends would be small, could be something like a 1/4 of a cent per share, obviously the share price will be substantially higher than it is now, so you do the maths, PEN could be a very astute & rewarding investment, & it's a risk that a few investors/speculators are prepared to take now, PEN's not a share for everyone at this stage of it's life.

Look at IDL for example, Sep 05 was at .018 cents, Sep 07 paid maiden div of .003 cents, tody the sp is around 32 cents & the company has now paid out in total .0285 cents in dividends, so it can, & does happen, we just need a few more boxes to be ticked & for the U308 price to start to gradually increase, & I & other long termers SHOULD be on a winner;)

Hopefully within 6 to 9 months we all should have a better idea of where we are heading, & whether or not some of the PEN critics calls come true?

Time will tell;)

Cheers

Swampy