BOE 0.53% $5.69 boss energy ltd

Ann: Boss acquires strategic uranium inventory after $60m raising, page-2

  1. 4,889 Posts.
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    Buying uranium in order to sell uranium. I would have thought quite strange as the spot rate is generally less than the contract rate therefore if BOE did get into a supply issue it would not have to much effort in making up the shortfall.

    Im sure some other logic exists for the plus side. ( maybe taking more pounds out of the market for example)



 
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