Remember Target ... $12.36, page-233

Tutes when you add the book value onto a calculation based on future growth ,cashflow ,profits that's the New Target that comes out.Now you may have to be around as I said for a few years ...but that's where we are going.

However if you take the huge demand coming through based on the present planned atomic reactors and proposed Atomic Reactors and as yet the unplanned Modular Reactors coming into the mix then it would seem yellow cake prices will rise sharply so final uranium prices are going to rise!!!

Now rising prices could well push the price of Pen shares much higher in the future than the projected price of Simply Wall Streets present update .Recent updates of a well recognised Australian Stockbroker/ Wealth Manager price Pen target in 12 months at $4.50+ and this is at possibly low production rates of 500,000 to 600,000 lbs which is well below the projected production of 2 million lbs and this could go higher!!!

All the Best to All for a Happy Christmas and a Healthy ,Happy and Prosperous New Year.