"assume cashflows will continue into perpetuity" - 20 years maximum forward forecast model from my experience - so let's use that
"assume GE are earning $5billion USD per annum from nuclear enrichment using silex technology from 2015" - is this GE's forecast, Silex's or someone else?
"further assume a dicount rate of 8% and a growth in the nuclear enrichment revenue received by GE of 3% per annum" - agree with those conservative assumptions
"assume also that SLX receives a 12% p.a royalty stream from GE starting 2015" - is that agreed between them?
Not arguing with the numbers, but do the assumptions have merit?
SLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
