flushout completed, page-4

A-Cap Bannerman
Project Letlhakane
Location Botswana
Equity 100%
Net Resource U3O8 44,690 t
Head Grade 162 ppm
Recovery Rate 80%
Production U3O8 900 tpa
Capital Cost US$100m
Cash Op. Costs US$30/lb
Process Route heap leach
Treatment Rate 7 mtpa
Mining Costs US$2.00/t
Processing Costs US$6.00/t
Share Price 34¢
Price/Cash Generation 0.6x

at 100M shares for capex and another 20M for posterity and we get around 18 cents EPS at 88 cent exchange rate and $64lb uranium price...