| 19-June 2019 | U/G PFS, 23 September 2019 | |
| Long-Term Price Case | $65/lb. U308 | $50/lb. U308 |
| Flagship Project | PLS (Triple R) | PLS (Triple R) |
| Ownership | 100% | 100% |
| Mineral Reserves | 90.5M lbs. | 81.4M lbs. |
| Shares Outstanding | 486,014,642 | 486,014,642 |
| Market Cap | $179,728,215 | $141,867,674 |
| Average Annual Production | 10,937,500 lbs. | 13.1M lbs. |
| Recovery | 96.7% | 96.8% |
| Payable Product | 87.5M lbs. | 78.7 lbs. |
| LoM | 8 years | 7 Years |
| True All-in Costs (TAIC) | $46.34/lb. | $35.26/lb. |
| Gross Revenue | $5,687,500,000 | $3,935,000,000 |
| Provincial Revenue Royalties | ($412,343,750) | ($287,142,555) |
| Net Revenue | $5,275,156,250 | $3,647,857,445 |
| Total Operating Costs | ($604,625,000) | ($567,803,677) |
| Operating Cash Flow | $4,670,531,250 | $3,080,053,768 |
| Provincial Profit Royalties | ($467,053,125) | ($328,593,580) |
| Income Taxes | ($1,261,043,438) | ($492,136,715) |
| Total Capital Costs | ($1,310,029,112) | ($1,099,582,645) |
| Net Income | $1,632,405,575 | $1,159,740,828 |
| Net Profit Margin | 29% | 29% |
| Absolute Cost Structure (ACS) | 71% | 71% |
| MTQ Score (Higher is Better) | 0.4 | 0.4 |
| True Value | $3.36/sh. | $2.39/sh. |
| True Value Discount (TVD) | 89% | 88% |
| Cash Flow Multiple | 10x | 10x |
| Annual Cash Flow | $204,093,750 | 165,677,261 |
| Future Market Cap | $2,040,937,500 | 1,656,772,610 |
| Future Market Cap Growth | 1,036% | 1,068% |
| Target | $4.20/sh. | $3.41/sh. |
Notes: All Values in U.S. Dollars
