re: it will be ugly! I doubt its even got that muchhad only 1.3...

re: it will be ugly! I doubt its even got that much
had only 1.3 mill in bank end of Dec, see latest report,
and they been churning thru double that last 6 months, so already 3 months gone so nil in bank
then theres been the legal fees, 2 stoushes Rio and FMG
plant and equipment had a high value, but not worth much in a fire sale

on future earnings lets see
they have used the word 'uranium', and they have an interest in 'gold' so that adds a small premium to the price, but will need a capital raising imo to fund it

it was a opportunist activity and they lost

but I see similar 'tears' to come with all the uranium shares , posiedon all over again
but hey the market does not want to hear negative news, just good news, and the sp has to rise everyday, and rise to unbelievable levels, and if one says something negative then they are downrampers........well until the market takes over and the shares are eventually dumped, by this time the rampers are onto something else, taken profits and ready to dump again
cheers