upbeat on future profits next quarter

HOLDERS TAKE NOTE

Sales

Sales for the quarter were US$51M comprising 878,000lb U3O8 (average realized price US$58/lb) which now brings sales into line with original contract schedules.


** Something well worth considering is the current increased value of the US Dollar **

Sales during this reporting Quarter occurred at a low point of the US Dollar, during this time our $US/$Aus was valued at an averaged Aus$1.15 but is now trading at an exchange value of Aus$1.45

Averaged realized price reported in current Quarterly was US$58 currency adjusted = Aus$66.70P/Lb.
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Previous US$1.00 = Aus$1.15 averaged during Quarter
Current US$1.00 = Aus$1.448


Based on Spot Price only
Previous US$62P/Lb = Aus$71.30P/Lb.
Current: US$46P/Lb = Aus$66.60P/Lb. Down approx $4.70 P/Lb.

Based on Long Term Contract Pricing
Previous: US75P/Lb = Aus$86.25P/Lb.
Current: US$75P/Lb = Aus$108.60P/Lb. Increase approx $22.35 P/Lb.
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IMO: Next Profit report will immensely, excite the market:)
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Cheers to all PDN DYL BLR Holders.
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Long Term Holdings PDN AGS DYL BLR PNA SNU & TSX Listed MGA
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