This qtr is the qtr BOE is testing increased flow through the 3 columns currently operating. Previously flow rates to columns have been at approx 45% capacity.The uranium tenor is expected to be lower ,I'm targetting mid 80s and expecting the dryed and packed u3o8 to exceed target by a minimum of 5%. I expect BOE to exceed recoveries from the well fields especially #2 as PVE is 70% compared to Encores PVE of 80% recovery ,also BOEs u3o8 cut off grade is 250ppm established when uranium price was 30USD per lb .Now BOE is using improved PFN technology in well field design I expect higher total yields from all well fields. I also expect progress reports of qtr progress prior to the Sydney World Uranium conference on 2-4 June where BOE is a co sponsor .
BOE Price at posting:
$3.72 Sentiment: Buy Disclosure: Held
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