Diggers and Dealers: Boss defends uranium sector amid stale yellowcake sentiment

Boss Energy MD Duncan Craib. Pic: Diggers and Dealers Don’t miss out on the headlines from Stockhead. Followed categories will be added to My News. Most large uranium stocks have been on a dive for months as lull hits yellowcake sentiment

But Boss Energy MD Duncan Craib says investors shouldn’t lose sight of 2024’s supply deficit

Craib calls for state govs to embrace uranium sector, echoing opposition leader Peter Dutton

Uranium stocks were among the star performers of 2023, but 2024 has proven tougher as spot prices retraced from 16-year highs of US$107/lb in January back to US$82.25/lb.Despite term prices rising to long-term highs of ~US$80/lb, an indicator of prices paid by utilities under contracts with miners, most large ASX uranium stocks have been down between 35-50% since late May.For Boss Energy (ASX:BOE) , which recently reopened the Honeymoon uranium mine in South Australia, that slide […]

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