rcr report

Not sure if this has been posted here already, I just finally got around to reading it myself!

Dated 22 June

Get it at http://www.rcresearch.com.au/documents (need to sign up, for free)

I like the investment comment....

PNN is trading at A$2.02/share, A$119m, ~33% off its high. It has a solid base for growth, high cash backing (A$39m post deal), positive outlook for the uranium price and potential for resource expansion and exploration discovery in 2007 for uranium and nickel. PNN has significant potential for re-rating as project milestones are achieved. SA is supportive of new uranium mines.

..ends.

It really says it all, money to be made here..

I own UNX.