okay pen & blr, page-53

Fine Tradersam we'll do it your way.

Last one from me everyone I promise.

Average Uranium price $6 - $11
But I will use the lowest possible price of $2 per/pound


BLR :

100 million pounds x $2 = $200 million

$200 million divided by 1 billion shares = $0.20

150 million tonnes coal x $0.50 per/tone = $75 million

$75 million divided by 1 billion shares = $0.075

Total BLR = $0.275


PEN :
30 million pounds x $2 = $60 million

$60 million divided by 1 billion 638million shares= $0.036