Remember Target ... $12.36, page-115

Dahook...I do like some of your bottomless criticism ...Now could you guide me on why my projections for Pen are completely wrong wrong.

To help you perhaps you can explain Bannerman an asx listed uranium stock..Now with a book value of 70c with cash in bank of $24 million at last balance sheet and trading at $2.87......about four times book.
Pen has a book value over $1.82 with latest cash of almost $100 million at last balance sheet date and trading at $1.10....Now I would say there is a lot of Blue Sky factored into Bannerman and no Blue Sky factored into Pen indeed Pen is at present the lost child!!!

Now it's obvious to me Pen now trading below book ...even conservatively at twice book should be trading near $3.64.
Now I have projected between $3 and $4 for next year and in the longer term of say three to five years in excess of $10 and over five years selling top volume of uranium in a strongly rising uranium price a price of pen in excess of $20.

If nothing else Bannerman should give a clear example of uranium shares quoted on the ASX and how undervalued Pen is at this time.
All the Best to All