Too big for one another IMO. Boss should increase its stake in Alta, not own it outright just just as Encore can keep operating it as we cash up and focus on Honeymoon. Id like to see Boss buy more assets in the US, that aligns with the long term thematic of the US being more accepting of nuclear and pushing this sector.
There are a lot of small juniors around our current sites drilling and exploring but honestly if they held good assets they would've been swooped up by now.
A few have mentioned some micro caps that could be potentially taken over by us but I don't see how Boss or any larger U player would have over looked these sites to begin with and stopped them up.
There were a few tiny Market cap companies that were exploring around Honeymoon and some near Texas that if they had anything worth buying Boss could pay the 5m for the whole company so it seems there was not much of interest anyway.
Boss is going to be a cash cow with free cash flow producing already so perhaps a combination of buying into existing mines already producing and acquiring key explorers with significant potential to bolster future years would work.
I hope they stay in higher quality jurisdictions like the US or Australia and not diverge into places like Africa. Its one of the reasons I picked Boss.
BOE Price at posting:
$3.86 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)