BOE 1.50% $3.29 boss energy ltd

Both too highly capped for mine so have not looked at either of...

  1. 8,972 Posts.
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    Both too highly capped for mine so have not looked at either of them closely (though everyone probably knows about PDN). BKY has a convertible loan that converts to 100m or so shares so 350m shares at 78c gives it a market cap of $270m. One could argue that's offset by the cash position so no need to raise, but I have taken that into consideration, ie its a $270m market cap funded to production.

    Think PDN is around $250m.

    Great companies in the coming uranium bull market, I'd probably lean towards BKY out of the two because PDN's LH mine going into C&M and uranium mines are not easy to switch back on once that happens. But I'm looking for bigger potential upside.

    Think BOE has a similar risk profile but at lower market cap so higher potential returns. The others I'm looking at investing in are the next step up on speculative risk (ie even lower market cap but higher risk)

    Cdchi1
 
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