BOE 0.68% $2.91 boss energy ltd

Excuse my newbie uranium investor question here. Even if they...

  1. 240 Posts.
    lightbulb Created with Sketch. 6
    Excuse my newbie uranium investor question here.

    Even if they mine 2.45m lb every year for the mine life of 11 years at $40 profit, that would mean 1.07bn$ profit slightly more than the market cap.
    But after 11 years the resource would be exhausted.

    Are we betting on more uranium in the satellite areas or a higher overall uranium price(likely) or do they have other assets or is my math just bad?

    Thanks!
 
watchlist Created with Sketch. Add BOE (ASX) to my watchlist
(20min delay)
Last
$2.91
Change
-0.020(0.68%)
Mkt cap ! $1.192B
Open High Low Value Volume
$2.90 $2.96 $2.86 $6.979M 2.401M

Buyers (Bids)

No. Vol. Price($)
2 16020 $2.91
 

Sellers (Offers)

Price($) Vol. No.
$2.93 9320 3
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
BOE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.