re: corporate ethics...they have none. Hi Ryderman, your...

re: corporate ethics...they have none. Hi Ryderman,

your comments are interesting in there bias.
I have to ask, do you work for EPS, perhaps promotions department? just kidding.

Your comment, "the ability to place your depth of intelligence in front of your pride, and invest your hard earned in this one."

Selective vision may have you temporarily blinded to the real challenges ahead for this company. This IPO was simply about attaining value for a dormant undervalued asset that one day could possibly be worth something if some very large hurdles are jumped. Thus only after huge sums of money have been swallowed up through many new dilutive issues to pay for the endless cycle of research and dev costs to finally get a return if the Govt of the day would do the impossible and let it actually be mined!

Your quote...
"Paying 26+ cents now is better than paying $2 plus in 12-18 months."

Wonder what odds the bookies would put on that. 1/500?

Once you deduct the costs of the IPO, the forecast expenditure for next year, not including all the renumeration and then add the value of the current state of assets held? My estimate is the shares are currently worth without all the uranium hot air hype about 12c based on there tenaments and cash held.

Be interesting to see how long the Uranium bubble flows on, but one to watch if you want to get in on the ground floor is MDX as they have stated they are looking to float there uranium assets to cash in on the current opportunity to gain value that is otherwise not being recognised. Prioity will be to MDX holders.


Good trading
m2u