Ann: Boss acquires shares in Queensland uranium developer, page-6

  1. 323 Posts.
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    I don't think that you can underestimate the importance of this. It's all wins so far, in terms of the project.
    Assume we stay on track then this financial year, according to my back of the envelope calculation, EPS is $0.17, and next year $0.49. This is with no changes of production costs or uranium price. Of course both of these are going to change, likely the former negatively, and the latter positively.
    Imagine being able to buy a share at $2.25 that in 12 months will be earning $0.49, no debt and a stack of tax credits.
 
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