SLX 1.55% $4.46 silex systems limited

annual report, page-17

  1. 1,040 Posts.
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    $280-good one!

    Enrichment ~US$6B industry p.a.
    Assume GE has 100% TODAY and SLX = 12% royalty
    = US$6000M *0.12/140M shares
    =US$5.14/SLX share
    ~A$5.70/share
    Even PER 20 =$114/share, pre tax.
    Reduce as you see fit for % market GE will control, and discount rate *4-5 years.
    I love this stock and I'm confident in its future, but U will not be worth that much to it for a long, long, time.
 
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