talking to myself..., page-10

You are correct deszmodo.

This needs to achieve a minimum price of $70 to $75 based on $59 million US capital cost, 1.5 million pounds production and around 2.4 billion shares on issue.

RBC Capital Markets price forecast is as follows:

2006A$48
2007A$99
2008A$63
2009E$46
2010E$50
2011E$60
2012E$75
2013E$80
2014E$80
2015E$80

But as with all things uranium, it is subject to major variables including the dumping Stans'.

I hope we can lock in $75 to $80 should those prices actually be available, because the returns at $60 are not attractive, due to the estimated number of shares to be on issue by 2012.

I dont think the PFS will have much effect on the sp, but i sure do wanna see the assumptions underpinning it.