Jardene, this was written by PAC partners back in June 2021, a hell of a lot has changed since then and to our betterment, I think the figure you gave of around $300 million is around the figure I would expect,maybe a bit more, things have happened in our favor.
This is what PAC partners said back then in 2021 "We assume the sale will be done in 2025 for US$203m. This is a 50% premium to the US$125m paid for 24% of GLE in 2008, when GLE did not own the Paducah Tailings for a 30 year mine of 5.2mlb U308 with approval.
We assume this sale allows SLX to pay a A$65m dividend, fund its 25%
of the Paducah Mine, and pitch for other uranium enrichment projects"
Like someone else said Paducah 0utput may even be increased and then there is Wilmington and all of those permanent people there, what is that worth?
Uranium Price, page-37
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