PEN seems fully valued at present for an NPV8%=US$125M which is about A$180M compared to the MC of A$199M. If the U3O8 stock and contracted sales are included then about right. Economics depend on sale price of US$62/lb, but the existing U3O8 stock and contracted sales have their values locked in since the U3O8 stock was purchased for delivery into existing contracts. Hence, PEN remains a play on U3O8 exceeding US$62/lb.
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Last
62.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $98.97M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| PEN (ASX) Chart |
Day chart unavailable