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

Fundamentals of uranium market ‘strongest seen in living memory’: Boss

Boss MD Duncan Craib says the near term miner has been ‘inundated’ with offtake offers from utilities

Uranium price will overshoot to the upside, Craib says

“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 to the crowd at Diggers & Dealers.“New production is needed, and that is where Boss is on target to deliver into a rising market.“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 US$143/lb.“Demand is growing and mobile inventories are now significantly lower than they were in […]

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