Mondy you sensible analysis is valuable here, gives me a good reality check and yardstick thank you, I don’t expect BOE to necessarily follow this valuation approach but I still appreciate your input, don’t stop posting this type of stuff.
ps: if resource doubles and U price (or more importantly contract price) also doubles then I think fundamentals along your calc lines still validate higher SP, although admittedly that’s horse before the cart, but that’s what I’m expecting from market momentum at this time
Nuclear Power, page-808
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