‘Inundated with offers’: Conservative Boss calls imminent uranium bull market

“I can honestly tell you the fundamentals of the uranium market are the strongest I’ve seen in living memory,” opined Boss Energy ( ASX:BOE ) boss Duncan Craib at a major mining investment forum on Monday.

For the latest mining news, sign up here for free Stockhead daily newsletters

“New production is needed, and that is where Boss is on target to deliver into a rising market,” he told the Diggers and Dealers audience in Kalgoorlie.

“There is no doubt in my mind that the price is going to overshoot in response to this currently forecast supply deficit.”Craib wouldn’t be drawn on how high the uranium price could go, but said market fundamentals looked better than they did in the 2000s, when yellowcake briefly spiked above $US143/lb. Boss Energy CEO and managing director Duncan Craib. Picture: Diggers & Dealers, 2023“Demand is growing and mobile inventories are now significantly lower than […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet