RE:RE:RE:GLO Price Enters Margin Eligibility - Record High Price
V,
how exactly do you get to apples to apples of $25 a share? Please share the math.
I see Dasa with a reported NPV of $210 million and we're trading at 2x that (depending on how you value Turkey).
Fission Uranium has a project NPV of $1.3 billion (but that's pre-tax)... so maybe $1 billion after tax. And with a market cap of $400m its got to be well under 0.5x NPV.
Forsys Metals has a project NPV of $600 million (post tax)... and a market cap of $200 million... so again <0.5x NPV.
(all those NPVs were calculated at 8%... i haven't worked through to see what the assumed u3o8 price assumptions were).
Just wondering where you get other apples that are multiples of their reported project NPV?
I'm actually a holder of Global... (and Forsys .... not of Fission) as the Turkey assets help AND its got to be the closest new project to actual production. I just struggle to find easy comparables amongst the likes of UR Energy or Uranium Energy Corp or Fission or Forsys