Don't think you are dreaming at all. It's easy to potentially workout some discounted cashflow valuation numbers if their all in production cost is $30 per pound and they can quickly ramp up to 6.5 million pound per annum. 2 billion shares on issue. Also factor in the AUD to USD exchange rate on repatriated sales profits. Current market cap circa AUD 200 million.
It will all just depend on what the U price does with how far it all eventually goes. Also how they go about securing the funds for the restart. In a U bull market, I'd guess that would be fairly easy if you are signing profitable LT contracts.
DYOR
Uranium Spiking Very Hard!, page-84
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Last
$11.76 |
Change
-0.020(0.17%) |
Mkt cap ! $3.523B | |||
| Open | High | Low | Value | Volume |
| $11.64 | $11.83 | $11.59 | $7.254M | 618.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 981 | $11.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.76 | 4180 | 21 |
View Market Depth
| Last trade - 11.27am 10/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |