Ann: CNNC Purports to Exercise Langer Heinrich Call Option, page-93

Johnny I know you're a good kid and you try hard, but you do show your ignorance and limitations when you make nonsense statements like that on a NPV basis LHM is worthless. Have you ever done a valuation and do you know the assumptions that go into one?

Obviously one critical assumption is going to the be the assumed uranium price for each future year of the mine life. Obviously no one doing a valuation, including myself, would assume $26 for each future year. Uranium prices are predicted to rise rapidly over the coming years.

My own central estimate would be $1bn.

Without revealing who I am, yes I am an expert on valuations.