uranium surges, page-8

hmmm....another insight..data below in their September quarterly update....the vast bulk of their total debt is in the form of convertible bonds that will eventually convert into equity a much higher price......the $300m convertible loan will convert into shares at 2.18 in 2017....and so on....


As at 12 November 2012 Number
Outstanding shares 836,825,651

Issuable in relation to the US$134 million Convertible Bonds 20,542,695
Issuable in relation to the US$300 million Convertible Bonds 53,495,007
Issuable in relation to the US$274 million Convertible Bonds 125,114,155
Total 1,044,228,226