what value these days for geoscience wireline?

UXA paid about $5.7 million for Geoscience Wireline Australia Limited. After losses and problems I doubt the set up is worth more than $3 million after losses this year. [not UXA's fault I know, but that is that]

The USA set up, Geoscience Wireline USA is an entirely different matter. Having obtained two contracts lasting two years and upbeat comments by President Obama on uranium, all is well. Probably valued around $4 million or so.

So in 2012, not long to go, we should see the Aussie side back in profit again. Plus the Yankee side probably beating the Australian side on profitability.