BOE 0.74% $5.37 boss energy ltd

I only hold 2 stocks BOE & CXU.In my opinion if you read deeper...

  1. 23 Posts.
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    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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