Flight or Fiction, page-3

Many years ago its market cap was more than 5 billion dollars, and now it is just 150 million approximately. Nothing changed except downturn in uranium prices. If LH valuations come close to 700 million dollars, which it will, even then it is a steal, its other assets in Canada, Africa, as well as Australia, are also very valuable.There are many junior mining companies still enjoying good valuations even with a lot of debts, and paladin with a clean sheet, and almost negligible debt (if LH valuations come lower) must quote above 40 to 50 cents now, and at very high valuations when uranium cycle changes. The valuations of Canada, Africa, and Australian assets is no less than 700 to 800 million in today's market.