Here's some basic maths that proves OMC's value:- 13,700,000 lb...

Here's some basic maths that proves OMC's value:

- 13,700,000 lb U in ground (ok its an inferred resource but as announced this morning, there's upside for further discovery in the area - So assume 13.7m lbs x 90% plant recovery will be what final conversion to mineable reserve will be). = 12.33m lb U that is recoverable.

- Price per pound has increased $US58 /lb since scoping study and announcement of Denison offer ($US55/lb to $US113/lb).

- Therefore, increased revenue (for no extra cost to the operation both capital or operating) = $US715,000,000 !!

- Taking the original takeover price, Denison valued OMC at $US170,000,000 (154.15m shares at $1.10/share).

- The $US715m increased revenue (and in this case profit) as a result of the increased U price since the original take over offer IS OVER AND ABOVE what the take over price was previously based on.

- Therefore, $US715m / 154.15m = $US4.63 per share!!

- Using an exchange rate of $US0.82 per $AUS1.00 means we are looking at $AUS5.64 per share increase in value OVER AND ABOVE $1.10 = $6.74 per share!!

I think the bottom line is - HOLD ONTO YOU SHARES!!

Now do you see the light?