$10 premium to cost of production suggests we have a $460m net FCF project, discounted to probably $300m npv based on 3mtpa production, so market cap is $282, not far off. Looks fairly valued here assuming Uranium prices stay as is, especially because we need part of the $50m capex to re-start it. Have I got that right?
If that's right then if uranium prices move up its game on. Every $10 increase in uranium price implies a doubling of the NPV. Once Uranium price breaks out of the $42-43 channel our little Loty is going to be a monster on Uranium re-pricing expectations. $1bn cap can come in a matter of weeks.
$10 premium to cost of production suggests we have a $460m net...
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Last
47.5¢ |
Change
0.035(7.95%) |
Mkt cap ! $869.8M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 48.0¢ | 45.5¢ | $4.000M | 8.519M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 127115 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 250274 | 4 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
47.3¢ |
Change
0.035 ( 6.11 %) |
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| Open | High | Low | Volume | ||
| 45.0¢ | 48.0¢ | 45.0¢ | 3185230 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| LOT (ASX) Chart |