BOE 5.28% $3.95 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
$3.95
Change
-0.220(5.28%)
Mkt cap ! $1.615B
Open High Low Value Volume
$4.10 $4.14 $3.95 $12.12M 3.010M

Buyers (Bids)

No. Vol. Price($)
3 19205 $3.95
 

Sellers (Offers)

Price($) Vol. No.
$3.96 21826 5
View Market Depth
Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
BOE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.