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
AEE Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
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