AEE 3.70% 14.0¢ aura energy limited

The value of Tiris

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    Just been doodling a bit tonight with possible future cashflow model for Tiris.
    U308 contract price arbitrarily at $60/lb.
    1M lbs production in years 1-2
    1.5M lbs the following 2yrs.
    3M lbs the next 4yrs.
    No accounting for construction funding.
    I've assumed we're fully diluted with all listed and unlisted options converted.
    The PE ratio is a modest 10x

    No accounting for OPEX reduction if there's soda ash.
    No accounting for potential gold value or Lithium credits.

    Based on fundamentals it's not beyond the realms of possibility we're sitting around 25c per share by end 2018 based on Uranium alone.

    If you're in for the 5yr+ haul it may well approach the 75c+ mark.
    Tiris Cashflow model.PNG
 
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