touching bottom at 85 nc, page-10

chris, cfe, well, how much tax was paid on the sale?
What percetage of the realized value will actually make it back to shareholders?

So, they lose their primary asset.

I'd be condifent that they could jorc something form their other major tenament.

But the problem is, the burn of money to jorc up the next one.

What have they spent to get this far?

Will they do the same or worse on the next?

You dont sell your title to the PDN throne cheaply.

Bad Idea IMO, chris.

We have the jorc, we are a t.o target.

Can expect multiples of the current SP on evaluation of real value.

140 mc for 106 mill lb minimum, likely 2-300 mill lbs.

The offer would have to be one billion plus for BMN, the bigger players like areva, dont think small term, unlike those prepared to throw it away for 81c.

By the way, i have another accumulation order in the mid 70's, so if they dont want it, i'll take.

FOCUS on this.

With comodities boom question marks being raised, what will survive?

I'll tip the Uranium price to remain firm, and therefore, any serious developer, able to serious JORC will a t/o target. The only niggling issue, is whether they are able to finance to production. Have to wait for the BFS, the better economic projects, that can return the money with interest to the banks will still fly. The banks or private equity still want to make money. They will just be more discerning.

cheers