I get you are comparing to those in the table, but AEE's ASIC is very low and combined with low capex - we are on winner here that will significantly rerate with time.
I would imagine that most U equities are borderline economical at $65/lb whereas our margin is $35lb. lock in some $80-$100 contracts in this Uranium bull run and we are looking at $50m profit per annum. This could ramp up to $100-$150m pa with increased production to 2-3mlb per annum and or higher Uraniim price.
All for $115m MC
Ann: Investor Presentation - RIU Sydney Resources Round-Up, page-6
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Last
13.0¢ |
Change
-0.010(7.14%) |
Mkt cap ! $99.66M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.0¢ | $161.6K | 1.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 585220 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 178483 | 7 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| AEE (ASX) Chart |