I get where you are coming from T, but check the maths on that royalty figure. $50×5mlb×7%÷200m shares. Then you could add $26/lb for conversion value Also its fair to add leu and haleu, as if one works they will do the three. I used 2m swu at $100us/swu for leu and the same again for haleu. Then a discount for the 5 to 8 years it'll take and the risk that it won't be built. I used a 75% discount for that. I did my own estimate but also used projected Gle earnings from 2030 for Silex's 26% instead of its value now ( but what will be product values then is anyone's guess). Long story short, I'm pretty happy that Silex is priced roughly about right untill the next derisking event.
SLX Price at posting:
$3.17 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)