this is unclepanda's figure. i hope he does not mind i will post...

this is unclepanda's figure. i hope he does not mind i will post it
Santoo check this informations


*1 tonnes = 2?204.62262 pounds
*Kates incentive agreement is to produce 30,000 tonnes each month for 3 months. This is roughly 66,138,678.60
pounds (30,000 * 2204.62262) which is at a price of US 58 cents per pound equivelent to US$38,360,433 per month. 51% is attibutable to URA = US$19,563,821 per month or roughly US$235 million a year. Assuming that we can turn 15% of this into profit means that we would recieve $32.25 million is profit per year. THIS IS REFLECTING ONLY 15% OF TOTAL REVENUE AS PROFIT!!

Now lets look at the financing affect:
Current Market Capitalisation = 7 million

Total Potential Shares on Issue:
Current ordinary shares on issue
= 285,125,188
Issue to AAM for a 51% interest in 7 manganese projects
= 80,000,000
1 for 2 rights issue at 2.8 cents
= 142,562,594
1 million loan potential shares issued to underwriter covertable at 2.8 cents per share if there is no shortfall available from rights issue
= 35,714,286
Total shares on issue post rights issue and payment for 51% in managanese assets = 543,402,068

Total Options on Issue:
Current Tradable Options on Issue (exercisable at 8 cents)
= 89,750,709
Free options attached to rights issue for shareholders (exercisable at 5 cents)
= 142,562,594
Free options for underwriter for 1 million dollar drawndown loan (exercisable at 5 cents and 1.5 times shares issued to underwriter)
= 53,571,429
Non-exchange tradable options
= 5,000,000
Total Options on issue post rights issue and payment for 51% in manganese assets = 290,884,732

Total Undiluted shares on issue Post Rights issue
= 543,402,068
Total Diluted Shares on issue post rights issue
= 834,286,799

Assuming a shareprice @3 cents
Undiluted Market Cap = $16,302,062.03
Diluted Market Cap = $25,028,603.98

Assuming a shareprice @4 cents
Undiluted Market Cap = $21,736,082.71
Diluted Market Cap = $33,371,471.97

Assuming a shareprice @5 cents
Undiluted Market Cap = $27,170,103.39
Diluted Market Cap = $41,714,339.96

Assuming a shareprice @6 cents
Undiluted Market Cap = $32,604,124.06
Diluted Market Cap = $50,057,207.96

Assuming a shareprice @7 cents
Undiluted Market Cap = $38,038,144.74
Diluted Market Cap = $58,400,075.95

Assuming a shareprice @8 cents
Undiluted Market Cap = $43,472,165.42
Diluted Market Cap = $66,742,943.94

Assuming a shareprice @9 cents
Undiluted Market Cap = $48,906,186.09
Diluted Market Cap = $75,085,811.94

Assuming a shareprice @10 cents
Undiluted Market Cap = $54,340,206.77
Diluted Market Cap = $83,428,679.93

Now keep in mind that we could potentially be earning a profit of $32.25 million based on my profit margin forecast.

Lets now look at the Cash Balance:
Cash at the end of last quarter
= 618,000
Loan drawn down from underwriter (payable either from short fall however, calculations above assume that there is no short fall available)
= $1,000,000
Rights issue intending to raise
= $4.56 million
Total Cash Available
= 6.178 million less 25% for error + administration costs = $4.63 million after the rights issue

Potential cashflow from exercised options
= 89,750,709 * 0.08 = $7,180,056.72
= 142,562,594 * 0.05 = $7,128,129.70
= 53,571,429 * 0.05 = $2,678,571.43
= Total $16,986,757.85


and from also Chelseazola ;
From the Last Exploration update the following update is of interest: "The Company in conjunction with Impondo Mining Services (Uran's South African based Mining Services Partner) is assessing and implementing the mining, technical, logistical and commercial requirements necessary to commence development of an open pit mining operation with first production scheduled for Q3 2011."

So who is Impondo ?? check out: www.impondo.com and find out for yourself. In their clients Tab they have listed URAN as their client, you can take heart that we will go into production and Kate is not making this up on the fly as some people have stated.

Also could Impondo be the client that we will be selling the Manganese to ?? Check out: http://www.alibaba.com/member/za110817024.html if you look at the Product/Service section it says that they Sell Manganese.

Either we will be selling to Impondo or we will sell to customers via Impondo whereby Impondo will act as the Distributor/Wholesaler.

So all we are waiting for is the Grades everything else is in order and ready to go by the looks of it.

Important note
as you see guys i also keep in my mind important informations. i hope Unclepanda and chelseazola does not mind (copy and paste) that i brought these posts again for considerations therefore we can make clear justice about the company