financials and shorts reduction

poster I have never seen before popping up with their doom and gloom and 20 and 40c prediction...but lacking any FACTUAL CONTENT IN THEIR POSTS......

just 2 to 4 liner statement to panic LT holders....

a load of manipulative rubbish

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the one thing that has changed is that company is better now than ever before and has major Nuclear deals to consider...so no wonder the shorters are in panic mode...along with their friends who post on here
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jordan I would love to be able to help but I am loaded up on antibiotics and pain killers atm....supposed to be in hospital having an operation.....but hanging out till I get back to aust in Sept..when I can use my private Health coverage....

but all this talk of 20c and 40 c is a load of downramping rubbish.......
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in the report asx release date may 15 2012 the company reduced some of its bank debt and stated they had

Cash at bank
cash of US$96.9 mill at 31 march 2012
cash of US $81 mill was added to this in April Pg8 of june 30 report
(left over from 2017 Conv bond issued)

all up they would have had had approx US$177.9 mill in the bank in April 21012 according to the report for the qtr ended 30 June 2012

This should have increased furthur from revenue flows in the June Qtr ..(we still wait for those financials)
due to increased production and sales and MUCH lower expenses...
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gross profit for 9 mths ended 31 march 2012 increase to US$ 42.4 Mill from US$39.3M in 2011
Pg4 Qtr report to 31 March 2012
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BANK DEBT
KM MINE debt WAS REDUCED*********
AT 31 MARCH 2012 BAL US$98M down from US$127.9 M in June 30 2011 ie Bank Debt REDUCED BY US$29.9 Mill
Pg 43 Qtr report ended 31 march 2012
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shorts asx DAILY
fri approx 4mill
mon approx 2 mill
tue reported 1,204,440 17 july 2012

ASIC ACCUMULATED REPORTED T+4

AS AT 12/07/2012 74,482,714 8.91%

11/07/12 77,552,115 9.28%

10/07/12 76,443,859 9.15%

SO FAR THEY SHOW A REDUCTION OF SHORTS POSITIONS..

AND THE AMOUNT OF SHORTING IS NOW DECREASING

DAILY BUYS AND SELLS NORMALLY AV CLOSE TO ONE ANOTHER ...
AT THE MOMENT BUYS SHOW 2.6M SELLS 4.68M

BUT ANY FIGURES ON THE BUY SIDE AND SELL SIDE beyond the first 4 rows are out of range and should be construed as being used to stack the deck
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I predicted dirty tricks for July esp after the 3 deals with NUCLEAR PLANTS WAS ANNOUNCED IN THE June 30 activites report on Page 7

In the same report one should read page 9
IT STATES GLOBAL URANIUM IS STILL BELOW GLOBAL URANIUM DEMAND
FOPSTERS REPORT estimated a present day 30Mill/lb shortage.....

OUTLOOK
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with deals to possibly finalized in the aug to oct period with NUCLEAR POWER PLANTS ....I can see the rush is on to cover the shorting positions....

The only way to do this is to panic the market....force out sellers......and that is what is happening......

The shorters would be under pressure from their lenders to return stock in an orderly manner and have probably been give a time frame.......so its all SHOCK AND AWE FOR NOW
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JUST KEEP WATCHING THE ASX DAILY SHORTS AND THE T+4 ASIC GROSS REPORTS .............
WE HAVE had one big borrowing day that was used to smash the price down...after that low sentiment stepped in and less shorting has been required to hammer the price down......

.................
thats all i can do for now....in a lot of pain...
al1