PEN has cash cost of U$41/lb and target range of 600k-800k U...

PEN has cash cost of U$41/lb and target range of 600k-800k U lb/yr from what i can find

Honeymoon historically had costs of U$35/l (U$49/lb in 2012 when AUD was at parity) and numbers range from 600k-880k U lb/yr

So BOE should be slightly more profitable at a given U price and similar production rates

markets caps are $190M vs $22M

(don't forget the infrastructure alone was a $140M build!)

so yes, if the market caps head towards parity based on profits from U production, the BOE would have a target of somewhere in the 20's