she's got a pretty good balance sheet $412 m in current assets and a back of an envelop calaculation on 29 m tonnes of reserves is about $400m touch wood so there is $800m market cap is about $1,472m
just have to find the other $600m Jabiluka has about 68m tonnes of uranium at 7.5m tonnes per year that would get you about $800m
book value is about $5 trouble is mine equipment isn't worth much so long term assets are worthless I'd say
from the '10 annual report balance sheet
Current assets Cash and cash equivalents 187,670 Trade and other receivables 72,850 Current tax assets 12,704 Inventories 138,552 Other 579 Total current assets 412,355
ERA Price at posting:
$4.56 Sentiment: None Disclosure: Held
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