• September

    2

    2015
  • 32
  • 0

Honeymoon Project Summary

  • Boss Resources (ASX:BOE) recently acquired the Honeymoon Uranium Project in South Australia.  The project is one of only four fully permitted uranium projects in Australia.
  • Approximately $170m has been spent on infrastructure at the project.
  • TSI initiates coverage on Boss with a valuation of $0.14 / share.  There is further upside in the share price given the significant exploration upside that could lead to an increase in the production profile in the future, as well as the strong fundamentals for the uranium price.