UUUU is down to $750M market Cap in USDThe NPV of Toliara BSE...

UUUU is down to $750M market Cap in USD

The NPV of Toliara BSE operations is $2Bn USD pre-execution; just doing the arithmetic after the capital is paid back, the NPV of the Toliara profit stream is worth over $3Bn, then you can add the longer mine life and bigger resource.

The Uranium business is fundamentally worth around $1Bn.

The rare earths business they're looking to create is similar scale to LYC which is worth $4Bn USD.


So that gets us $7Bn (2 + 1 + 4) which is almost 10 times $750M, and $8Bn plus (over $3Bn + $1Bn + $4Bn) is more than ten times.

[I may have double counted the extra $1Bn Toliara NPV and its part in the REE $4Bn valuation, but then we're still in the 9 to 10 multiple ballpark.]


Related to my experience here:
- 2016 5 cents per share entry price gave 22 cents in dividends and now about the same in takeover deal; thus around 9 times the money;
- looking forward we could foreseeably do the same over the next 8 years;
- thus we get 64 bags and then a lifelong dividend stream ... happy days