CUY 0.00% 14.5¢ curnamona energy limited

npataud12.5mln at 100 tonnes production pe9.1x

  1. 5,372 Posts.
    HY report said Uranium value can be 10fold, and i would say it is at least $1BLN IGV of U308:
    ===
    The in situ value of gamma-indicated uranium in this
    small area is over $85 million at current spot uranium prices, with the potential for a tenfold increase in the
    immediate vicinity. The planned key parameters
    ==
    CUY's ISL is an economic and cheap capex project:
    Now let's say it produces a conservative 100 tonne of uranium a year

    100 tonne = 222,200 lb

    Let's say profit margin is (after Operating cost = $40):
    Conversion: USD120 / 0.83 = $144.
    144 - $30 cost = $114/lb

    Cash flow: $114 * 222,200 = $25mln

    Assume a conservative 50% for NPAT: $25 * 2 = $12.5mln NPAT.

    PE = $1.70 * 67mln shares (fully diluted) / $12.5 = 9.1 X

    As you can see PE will be less than 10. What happen if it produces 500 tonnes per annum, or 1000 tonnes pa instead of the above assumption. And what about if U308 trades at $200USD.

    ====

    Seriously undervalue.... bought in today at $1.68



    pls dyor, only doing the sums
 
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