U muttering to yourself again Olympian ha ha.
Your calculations support my script for a CNN uranium dormant 2009.
Reckon the juicy ann will come when they can extract the most benefit from the market and imo that wont be until the spot price rebounds, ACB is well into an uptrend (40 - 80c) and the world economy also turns the corner. Now when that is who knows but I am hoping for the latter part of the year and early 2010 to get some activity worth noting.
Biograde was brought in for multiple purposes imo, one reason being to provide CNN with an alterative interest in the interim while Rio Minerals gets established well and proper.
However this company is pretty no show when it comes to announcements outside paper shufflin ones so we may have to wait till the annual report to see what has been accomplished anywhere.
Cheers
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