The Shaw research report dated today is on the company's website already
This is lifted from it....
When we compare Peninsula with Boss Energy (BOE, Hold, PT $4.75), there are many
similarities and yet Peninsula has an enterprise valuation around 1/8
th that of Boss
(US$125m v US$945m). Both companies have in-situ leach uranium operations in first
world jurisdictions, both will produce around 2Mlb/yr, both will be in production within
a year, and both have a similar sized resource with substantial exploration upside. The
main difference is that Boss is already in production and is lower cost (Boss AISC of
US$26/lb). Boss deserves to trade at a premium, but in our view the valuation gap is too
wide. We also note that Boss recently acquired a 30% stake in the Alta Mesa ISR uranium
project in the US for US$60m – this implies a resource multiple of US$10/lb compared to
the similar Peninsula at US$2.3/lb.
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The Shaw research report dated today is on the company's website...
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Last
10.3¢ |
Change
0.003(2.50%) |
Mkt cap ! $326.4M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $354.6K | 3.460M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
101 | 8953552 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 6448230 | 46 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
101 | 8953552 | 0.100 |
9 | 729126 | 0.099 |
14 | 591940 | 0.098 |
11 | 899388 | 0.097 |
12 | 2690590 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 6448230 | 46 |
0.110 | 3061812 | 37 |
0.115 | 4271387 | 25 |
0.120 | 5959537 | 57 |
0.125 | 2128840 | 21 |
Last trade - 14.57pm 03/07/2024 (20 minute delay) ? |
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TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
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