from reading the latest presentation SLX state they can produce 5 mill pounds a year for 30 years (so around 150 mill pounds).
let’s say hypothetically this costs them $50 a pound to do (highly unlikely and probably a fraction of this).
that means that right now the future production is worth approximately 3.75 billion. Is it reasonable to think our market cap may reflect half of that in the short term based on what’s going on in the uranium market? What if uranium goes back to 2006 prices? What if someone just buys Slx prior based on the need to secure supply.
all my thoughts and musings - not advice and I’m probably very wrong.
SLX Price at posting:
$3.50 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)