I don't really see how anyone could be better placed than BOE. Huge amounts of cash in the bank, frees them up from the urgency to sell. Previously bought a stockpile of Uranium, and now sitting on a big profit from that, gives them more flexibility. A second producing mine in the US. Plenty of land to drill. And a product that, on the balance of probability, is going to rise in price, but even if it doesn't then huge profits coming in. And a stunning management team. And a large moat, in that its 10 years to develop a new mine.
One downside, if a reactor, anywhere in the world, melts down then it's game over.
Looks pretty bloody good to me.
Ann: Diggers & Dealers Presentation 2024, page-6
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$2.81 |
Change
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Mkt cap ! $1.151B | |||
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