CAPITAL MARKETS

Boss decides uranium going up so Honeymoon equity funded

WHILE some directors are selling, Boss Resources believes the uranium price is set to rise and so has decided to equity fund the redevelopment of the Honeymoon uranium project in South Australia via a A$120 million capital raising.

Infrastructure from the short lived Honeymoon operation last decade before the uranium price collapsed

Infrastructure from the short lived Honeymoon operation last decade before the uranium price collapsed

"We have not attained any debt as it requires fixing the uranium price through long term contracts," Boss said. "Boss anticipates that committing to long-term contracts in the current rising uranium...

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