okay pen & blr, page-43

Just to correct one of your assumptions (since no one else has mentioned it) - you said:
"BLR: shares on issue 0.73 billion. 1/4 of PEN. "

What you fail to take into account is the future dillution necessary to get the quantity of uranium you discussed. There will be an issue to the vendors who are selling the 51% - someone else could probably post figures, but beleive the amount of shares that would be issued at the current share price would be substantial - most likely in the 100's of millions.

Just thought I would correct one of your comparitives!