bmn acquisition proposal, page-2

If the Chinese get their wish and swallow BMN, then I think it's safe to say that:

1. The nuclear renaissance is here to stay, and prosper.

2. As I have stated before, it is only a matter of time before the ruler is run over PEN, if it hasn't already.

3. PEN is in a far more advanced position than BMN, making our fundamentals: location, near-producer status, capex/opex requirements, method of extraction, growth potential through resource enhancement, as attractive as any of our competitor's.

Brace yourselves, PENners. But let us not sell for a pittance.

At least the SP, sooner or later, should reflect PEN's strong fundamentals. With BMN in China's sights, this might be a good a time as any.