Ann: Boss secures key approval for restart at Honeymoon, page-62

https://www.livewiremarkets.com/wir...years-says-prices-are-poised-for-record-highs

"the market is “like back in the early 2000s” when the uranium price began to take off. This augurs well for Boss Energy, as shown by this week’s wave of broker buy recommendations following a site visit."

"the uranium market is poised for a breakout that will carry it beyond previous highs. Exciting times ahead for the space..."

Craib recently squired two plane loads of analysts to Honeymoon to witness the progress on its return to production.

They came away impressed. Macquarie has a $3.30 price target on the stock while Canaccord has a $3.22 price target.

Bell Potter has a $3.51 valuation on the stock and made the comment that Boss represents an “opportunity to gain exposure to a fully permitted project, currently on care and maintenance, in a tier 1 jurisdiction, with a comparatively short lead time to the first production”.

None of the Boss reports used heroic uranium price assumptions (Canaccord was $US75.40/lb in 2024, and Bell Potter was all of $US54/lb in the same year) in reaching their well-above-market price targets.

It goes without saying that Boss’ leverage to a take-off in uranium prices to say a $US100/lb price, is extreme."