Easy to double count and kudos to you for picking up error.
Using your numbers you could also say 300,000 MTU/ 40 years x $20 x 2,204 lbs/MTU x 0.5 enrichment factor x 10% royalty / 0.75 exchange rate / 170,500,000 shares / 20 pe = $2.58
Less a couple of years to get started. No cost to SLX as royalty.
Then plus cash then plus IQE....
I'm just using your methodology ( which I haven't checked) and basic arithmetic. Wouldn't rely on these, but nice to have a discussion on valuation. Seems appropriate as horse is now in front of cart.
K
Easy to double count and kudos to you for picking up error....
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Last
$5.33 |
Change
0.260(5.13%) |
Mkt cap ! $1.262B | |||
| Open | High | Low | Value | Volume |
| $5.12 | $5.33 | $5.01 | $4.811M | 914.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 336 | $5.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.34 | 1698 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SLX (ASX) Chart |