q for olympian, page-7

re: cmr purchase equipment for oxides production We just safely navigated past another whirlpool and u aint rejoicing?

What WONDERFUL news. We aint going into the used equipment sales business u know haha. We are gonna be earning megabucks and self-funding a U plant in 2007 by looks of it.

Ever asked yourself what a company does with a buck+ a share NET earnings pa likely from a coupla years away? Mature companies usually give half back as fully franked annual dividends.

Wonder what that fund manager who bailed last June would say to that prospect if he was looking for long term annual yields haha. I still have those shares somewhere in the bottom drawer.

This market is taking no prisoners so u have to be in Olympian stox likely to attract flight to quality. CMR are have behaving like a private company ..... just getting on with the job of creating wealth for us. No frills.

Maybe we should just vote to privatise them. Maybe we could sell the sulphides for 500 mill bucks cash as is (5c in the inground dollar) for a 6 buck a share cap return to shareholders and just leave rest as a cashcow yielding us a buck a share net fully franked for the next 20 years from oxides+U. I could certainly live with that.

Chances are tho that ERA might offer us a quick 5+ bucks a share for the "phantom" U reserves which we aint officially defined yet.

All sorts of possies.

If Kondratieff-C and his resources sunshine band come about post 2008 tho as I would expect, this baby is heading straight for the golden fleece picking up the Holy grail along the way like a relay baton.

Am I the only one crazy enough to "see" North Flinders reincarnated here ?????

IMBOOC