Macquarie say its a $6 stock Bell Potter say its $6.43. In the case of Macquarie they say the uranium price will drop from here going forward which is really a under statement of the future price of uranium.
I say with the M & A activity BOE is looking like a $10 stock.
Last uranium cycle it took the big miners a long time to accept uranium was real and when they did they over paid for companies.
We haven't seen any of the big names come and play in the uranium space. When they do a company like BOSS will look cheap at $4 billion and a uranium price of $150 US per pound.
Ann: Boss produces first drum of uranium, page-24
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$3.82 |
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