BOE 1.01% $3.94 boss energy ltd

From the powerpoint, bullet point some might not have seen:Debt...

  1. 268 Posts.
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    From the powerpoint, bullet point some might not have seen:

    Debt has not been used in funding sources to fund the project development capital as it typically requires a fixed uranium price
    through long term contracts. Boss anticipates that committing to long term contracts in the current rising uranium price
    environment would adversely impact the long-term value upside of Boss. Boss intends to wait until further increase in contract
    pricing before making any offtake commitments.

    ^ Nothing exactly unexpected there but nonetheless it is some information; confirmation of no fixed price contracts being signed yet (and continuation of intention not to sign any in rising price environment), and heavy implication that there are no heavily spot-referenced contracts in the works either (as I suspect this is the only type of contract that might incentivise Boss to sign a little earlier than they otherwise might, though clearly they're going to want at least some % anchoring to a fixed price, and probably a higher one than $60/lb).
 
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