Business
What’s with the Boss Energy (ASX:BOE) share price today? // The Motley Fool Australia
The Boss Energy Ltd (ASX: BOE) share price opened flat at 10 cents this morning following release of the uranium miner’s “highly successful” latest quarterly results.
Shares in Boss Energy have rocketed up higher than 120% over the past 12-month period.
The Honeymoon Uranium Project
Boss Energy’s Honeymoon Uranium Project is located in South Australia. The project is fully permitted to export 3.3 million pounds of uranium a year. Uranium costs around US$30 a pound at the moment.
This all adds up to pulling in US$99,000,000 a year at full production, in the current business environment before costs and charges.
In today’s release, Boss Energy advised that the Honeymoon Project will earn an all-in cost of US$32 a pound….
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