They can't draw down untill 12 months from production and it is a 18 month construction process so it's really to cover construction and start-up costs .No repayments untill 12 months from drawdown.These guys must be confident as they already have a offtake for 800,000 lbs with Curzon.
10 to 20 million dollars helps reduce the 75 million start-up costs.
They are infront of alot of other developers in the sector and undervalued to others if one believes in nuclear moving forward.
Ann: US$10m Offtake Financing Agreement for Tiris Uranium Project, page-8
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $151.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $262.7K | 1.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 63001 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 53613 | 3 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| AEE (ASX) Chart |