ERA 9.09% 1.0¢ energy resources of australia limited

new uranium mine to boost era , page-3

  1. MrQ
    5,148 Posts.
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    Just checked and the analysts valuations vary, but this sort of seems about where it is:

    Fair value estimate at roughly $6.

    $2 for exploration plus Deeps.
    $1.50 for Jabiluka.
    $1.50 for mill and stockpiles.
    $1 cash.

    So is it a $2+ share? Sure. Would need something huge in market sentiment, uranium market structure or local approval/development or exploration to shift it a long way past that. Jabiluka is still a long long way away and fully valued could be nearly $5 per share by itself.

    Lots and lots of 'ifs' in there and very disappointing for those still holding $18+ shareholdings. Just trying to be realistic.
 
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