Nice and expected hohum from the Mountain yellowcake entree. Means about a buck a share NET earnings pa INCREMENT from the first course and u can put on your own PE ratio. PDN uses about 37 last I looked, I use 6 haha cos thats enuff for the Holy Grail in the "A" wave. Market will prob go with somewhere in between cos U is hot hot hot and POU is expected to continue in northward path over next 3+ years.
Methinks CMR is realistically about 2 years ahead of any other likely Ozzie U-miner and priority should be to get that plant of'n running asap with the unencumbered CASH waiting for it in the kitty and then keep adding higher grade reserves to it which can actually translate to higher production rates from same plant as they are added.
I personally expect to see a specialist "Rum Jungle Uranium Mines Unlimited" clone off fully mature from the Jungle King's head like Athena from Zeus's Head and hit the board running at PE 15 or so. Juk will see to that I am sure haha !
Do your own numbers bros ....... dont believe what I keep saying.
IMBOOC
Zeus is great !!!
CMR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
