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Resource Capital Research — December Quarter 2008 – MarketWatch

Resource Capital Research — December Quarter 2008Equity Research Report on Global Uranium Companies

Market Watch SYDNEY, AUSTRALIA, Dec 17, 2008 (MARKET WIRE via COMTEX) — Key Points

Uranium Market: – “……………………ranium Companies:

--  The market valuation of Australian companies with one or more uranium
    projects is down 23% over the past month and down 75% over the past 12
    months (from December 5).

--  This compares with a selection of Canadian companies with one or more
    uranium projects, down 27% over the past month and down 77% over the past
    12 months (from December 5).

--  Production and development stage companies continue to face
    significant challenges in financing and developing new projects, including
    cost pressures and potential delays variously relating to permitting,
    infrastructure development, commissioning and now credit and equity market
    weakness.....................the Fund Implied Price (FIP),
currently at US$42/lb indicates market uncertainty and the
susceptibility to further forced uranium fund sales a possibility.

Resource Capital Research — December Quarter 2008 – MarketWatch

December 18, 2008 - Posted by Christina Macpherson | Uncategorized