massive revenue, page-3

Rockford....

From the quarterly you mention


".....It is in this context that the significance of Paladin's production readiness should be examined. Paladin has term sales contracts to US utilities for approximately 7.5Mlbs U3O8 for delivery between 2007 to 2012. These contracts were required to meet bankers’ conditions for its Langer Heinrich Project loan. Kayelekera is forecast to reach full production of 3.3Mlbs U3O8 per annum in 2009 and the Langer Heinrich Stage 2 expansion is expected to be completed during the latter part of 2008 to allow that project to produce a minimum of 3.7Mlbs per annum. Cumulative production by Paladin in the critical period to the end of 2012 is expected to be in the vicinity of 31Mlbs....."



In your post you made the comment....

"....Forecast revenue for the next 4 years is $3.5 billion..."

It is actually for a five and a half year period, not for four years.....to the end of 2012 is, the latter half of 2007, then 2008, 2009, 2010, 2011, and 2012.

I point that out because $239M per year is a significant difference.

$3.5B / 4 years = $875M per year


$3.5B / 5.5 years = $636M per year


Cheers