PNN
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0.00% 12.0¢ power minerals limited

cash backing per share 51.8c, page-2

  1. The Apprentice
    2,086 Posts.
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    16/08/07
    23:23
    Post #: 2724804
    Johnlamp.....

    You forgot to add

    *SA Govt approval to mine

    *Sinosteel on board to help develop Crocker Well

    *Top 20 holding 63%

    *Total cost to produce one pound of uranium AU$29.52 (current U spot price AU$131/lb)

    *MINIMUM 1,287,200 pounds U per annum, with EBIT of approx $130.6M pa (at current spot price of AU$131/lb).....production may be expanded to 2,200,000lb U per annum, which then will give an EBIT of AU$223.2M pa





    PNN Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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