Uranium spot vs price of miners, page-15

  1. 6,436 Posts.
    lightbulb Created with Sketch. 963
    mmm

    964m shares on issue. good market pe might be say 12x. so to get a $17.50 share price
    = $1.405.8333billion NPAT requirement, assuming no further share dilution
    = $US1.19495831billion NPAT at assumed $1: 85c USD/AUD

    Langer heinrich producing normalised 5.8m lbs pa at company breakeven of say $US50/lb

    = $US256lb uranium price requirement

    but your entitled to your optimism.
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