Zomed where do you keep pulling these figures from? They're not even factually correct.
before Kayelekera was shutin Paladin had an AIC US$39.2/lb.
they put the mine into care and maintenance in 2014 with John Borshoff saying they would not reopen until uranium was at US$75.
That was over 6 yrs ago and since then millions of capex has been invested to improve the process, lower the costs and increase production. Paladin put in a considerable amount for upgrades and now own 13% of Lotus Resources.
the gamble of investing now is that a lower AIC is expected and hopefully around low to mid 30s.
I'm invested in both as they are both very good projects and both will be first responders when the price rises. I think LOT will produce more quicker, but within 18-24months BOE will hopefully be producing similar volumes at a lower cost/lb and both gaining in shareprice.
I bought more BOE this morning at 6.7cents and look forward to it getting back into the 7s and 8s
Zomed where do you keep pulling these figures from? They're not...
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Last
$3.94 |
Change
-0.040(1.01%) |
Mkt cap ! $1.611B | |||
| Open | High | Low | Value | Volume |
| $4.00 | $4.00 | $3.81 | $14.23M | 3.665M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12641 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 16839 | 3 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| BOE (ASX) Chart |