"Comment: If Uranium were to be US$80 instead of US$40, this report is based on, then the profit could be $2*$155 mill or A$1.64/ per share. You can then calcuilate the P/E=15 or 20."
My slant on this is to assume at $40 pp that it cost $15 per pound to get out the U of the ground (just a guess). With a profit of $25 pp. If the price of U goes to $80 pp then the profit is $65 pp or 260% from a price of $40. This will result in $2.13/ per share. DYOR, my maths is primary school
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