comparison

EXT is one of the best performance stock in ASX this year, now, some people are saying other stocks may have more upside, or EXT has takeover premium build on, but, that is not true.

Here is project comparison of 3 uranium stocks, they are all going to production soon or later, the information used in this comparison is coming from their recent presentation.

Note A: Capital raise, half from bank loan, half from issue new share. AGS has done his C/R.

Note B: Depreciation & Amortisation is base on mining life, plus some sustainable capital cost.

Note C: Red colour showing Australia $, others US$.

AGS is going to production next year, It has highest PE (11.12), MRU and EXT are going to production about same time (2012-2013), but MRU has higher PE(7.4), EXT has lowest PE(4.3), if EXT can have same PE which AGS has now before production(2012), it’s share price should be 11 x $1.942=$21.36.

Plus huge exploration potential and a takeover target, EXT is still one of the best stock to buy.