These are optimistic projections.
At 4.5M lbs at $100lb NPAT = 4.5M x $100 x 25% share / 300M shares = 37.5 cents.
However 4.5M lbs is years away.
I sold today.
Compare to BMN.
At $100 lb profit, BMN will be $30 in 2010.
No comparison.
Objectively, BMN will be the only great uranium company coming out of the current uranium boom and will surpass PDN.
news further highgrade uranium results, page-49
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