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14/08/24

08:15

Post #: 75195181
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Originally posted by LongTony: ↑

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

Expand

What about the fact they own the only uranium mill in North America? I don't know the rate at which they monetize it, but I assume that all the uranium mines in the surrounding areas will need to use the mill to refine their uranium into a sellable product? Does anyone have more information on how Energy Fuels earns revenue from the mill?

Originally posted by LongTony: ↑

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

Expand

BSE Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
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