I only hold 2 stocks BOE & CXU.
In my opinion if you read deeper into the announcement the higher start up performance above budget will result in ,
- Lower operation cost so more profit per pounds,
- Faster ramp up so cashflow sooner,
- Lower final capex due to the existing equipment having higher throughput or actual production greater then the 3.5m pounds targeted.
- Longer term massive lift in production above 5m pounds. I expect they will have there foot on more then 100m pounds soon and they will want to convert that to cash.
- The whole decision to buy the Honey Moon mine and the recent USA investment shows Duncan and the team know how to spot a good deal.
- Uranium price is just warming up
This ride has even got out of the pits yet.
As they say MTBW
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I only hold 2 stocks BOE & CXU.In my opinion if you read deeper...
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