Accumulation Time - Huge Upside Potential, page-10

Interesting. Some great points made @JID. Theres no denying this is a high risk / reward play. Out of the ASX listed uranium stocks this is by far the best. PEN has done very well operationally considering the massive downturn in the sector.. As i stated earlier, I believe that cash flow and income statement related amounts are almost irrelevant during a period of severely depressed prices. The balance sheet is more important as it shows potential upside. In comparison to other Australian uranium stocks, by far PEN has the strongest position. Especially in comparison with some other well known coys such as PDN who have negative equity, BKY which (imo) is wildly overpriced, and BMN which have experienced all sorts of licencing issues. Really think we've got a winner here, that being PEN.