RE: RE: Financial UpdateNothing has changed at all
| Loss before income taxes | (76,195) | (93,737) |
| Income tax recovery | 22 | 6,322 | 1,559 |
| Loss for the year | (69,873) | (92,178) |
| Basic and diluted loss per common share (US$) | 23 | (0.38) | (0.56) |
| Weighted average number of basic and diluted common shares outstanding (‘000) | 23 | 185,256 | 164,234 |
LOSS RECONCILIATION
(in thousands of US dollars) 2011 2010
Loss for the year (69,873) (92,178)
Plus:
Impairment of columns at uranium plant 1,482 -
Headline loss for the year (68,391) (92,178)
HEADLINE AND DILUTED HEADLINE LOSS PER COMMON SHARE
(in thousands of US dollars) 2011 2010
Headline and diluted headline (0.37) (0.56)
loss per share of ($)
is calculated based on headline loss for the year (68,391) (92,178)
of (`000)
and a weighted average number of common shares 185,256 164,234
outstanding