re: there be olympians here captain ! Street talk has it that...

re: there be olympians here captain ! Street talk has it that there will be a big push to change U-regulations by Xmas. CMR are well positioned to take this into quick account.

Personally I hope they leave the bans in the States apart from SA and NT haha. No matter. There's gonna be enuff business for everyone. And looks like we r about 3 years ahead of the pack. And dont forget WHERE we r located.

I keep dreaming about the indicated "similarities" of the new targets Kylie and Mt Minza to Ranger and Coronation Hill as well any remaining stuff at the mines in mothballs. What DO they mean "similarities"? Geology? Grades? Size?

And u cant say we wont be ready for any Gov changes considering the oxides starter plant similarirties to a yellowcake producer and even shown at the AGM. And to think it will be paid off from year 1 earnings from oxides alone.

Can u see the big picture developing and why Im drooling with the thought. And they keep easing out subtle surprises without making a fuss.

What does our current 40 mill cap value us for?
The U residual reserves at 6-8 lbs / tonne .. exploration of U-elephant targets .... Oxides ... Sulphides ..... likely 200% increase in reserves of both ahead ....big gold plays coming and ALK royalties which are worth at least 30,000 free ozs to us so far .... big base metal plays?

Thats why I keep a sharp eye out for a great white or two which is waking up to all of this and decides to come in for an early bite. And thats why I am so happy when bearmeat hits the altar and is pounced upon by waiting Olympians with cleavers in hand.

If we r gonna lose this baby to a Great White, they will have to pay accordingly for it. And IMO right now the intro price should be 200 mill heading fro 500 mill. But that should double once metal production starts next year.

Ive got my sights on min 1 bill market cap withing 3 years say, yielding about 5% f/f and hopefully with no more than about double current share cap. That would fund my future Olympian activities admirably.

And considering we got around 15 bill worth of metal we know about so far and prob heading for double and triple by time its properly checked out, then 1 bill market cap ie 2-3% of asset base on NPV basis aint asking too much considering WMR is capped at around 10% on same basis. Why should we be less when in full production swing ?

Likelihood is a Great White will prob pounce with a 5 buck bid within next 2 years to try and steal it ahead of maturity.

Thats why it is important company heads quickly for a more appropriate / defensive market cap cf to the current reality and future potential before the sharks circle in and thats why IMO they have been so "softly softly" about it all instead of gungho-ing like any mortals otherwise would be doing.

So why am I suggesting all this now?

:) :) :)

Let the Olympian Games begin I say !!!