Sprott joining the party helps.
Uranium and nuclear power stocks were on FIRE last night in the US with Amazon agreeing to buy nuclear power SMRs.
Tiris is one of the lowest cost curve producers out there and the payback for Capex is 2 years with US$125m free cashflow at less than current uranium prices with a 25 year mine life.
Someone out there will pony up and buy a stake in this by mid 2025 if not beforehand.
I think management have done a professional job reading the annual report and now it's time to see who else comes on board.
Sweden is simply not priced in.
Argonaut Securities: Initiation: Tiris, positioned for development - SPEC BUY - Price Target A$0.40, page-10
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Last
14.5¢ |
Change
0.015(11.5%) |
Mkt cap ! $129.1M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.5¢ | 13.0¢ | $365.4K | 2.635M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 248037 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 472868 | 10 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| AEE (ASX) Chart |