silex worth aud 63.86 per share, page-6

wiza,

"assume cashflows will continue into perpetuity" - 20 years maximum forward forecast model from my experience - so let's use that

"assume GE are earning $5billion USD per annum from nuclear enrichment using silex technology from 2015" - is this GE's forecast, Silex's or someone else?

"further assume a dicount rate of 8% and a growth in the nuclear enrichment revenue received by GE of 3% per annum" - agree with those conservative assumptions

"assume also that SLX receives a 12% p.a royalty stream from GE starting 2015" - is that agreed between them?

Not arguing with the numbers, but do the assumptions have merit?