BOE - Boss Energy

[Miner]

I am interested to invest Boss Energy IPO float.
Would appreciate to hear from you folks before I do so.

Regards

Miner

 

[Ageo]

Re: BOE - Boss Energy

Guys just to update did anyone get on this?

I closed just as it opened for 29c (list price was 20c).

There has been a few other good runs also.

 

[purple]

Re: BOE - Boss Energy

I was initially interested in this one, being oil/gas, what with the rising oil price.

But checking further, i found that it was oil shale, which is the most polluting of all oil/gas energy sources.

Plus the fact that oil shale is not as 'hot' as other oil/gas.

Having said that, IPOs has a habit of proving me wrong. The ones I tip flail around weakly, and the ones I avoid fly like a rocket.

 

[Ageo]

Re: BOE - Boss Energy

I was initially interested in

Having said that, IPOs has a habit of proving me wrong. The ones I tip flail around weakly, and the ones I avoid fly like a rocket.

Purple have a look at IPO's from 50c and below.

If the prospectus looks promising, it would be a sure buy for me.

 

[springhill]

Re: BOE - Boss Energy

Boss Energy is one that looks to be bottoming out. BOE are targetting the Latrobe Oil Shale Project in Tasmania.

Current share price 3c
MC $3m
Shares on issue 103m
High/Low 6c/3c
Cash at hand $410k
Expenses this quarter $147k

Boss also hold 3.9 million shares in Greenvale Mining (GRV) current market price 9cps.
They have dispatched a 500kg sample of Latrobe Oil Shale to Fushun Mining Group, in China, and expect the results of the hydrocarbon breakdown in 4 weeks from date of sample sent.
Could be one to watch in a couple of weeks time.

 

[springhill]

Re: BOE - Boss Energy

Boos Energy could be one to put on the short term watch list. Oil shale seems to be coming into vogue somewhat ATM.
Results from testing of their 500kg oil shale composition results were due back on the 19th Aug. So look for an announcement in the near future for a potential short term trade. Only problem is low amount of shares on issue, making it somewhat illiquid, and the spread between buy and sell is 2.5c/7.9c so looks to be an impasse ATM.
Good luck, if you have the Jatz Crackers

 

[Miner]

Re: BOE - Boss Energy

Although I started the thread in 2007 - Time flies but never followed it soon after or for long.
Some one brought my attention this scrip and my goodness.

Look at the spike and there was no speeding ticket issued either.
DNH and wished to have held it

Code Last % Chg Bid Offer Open High Low Vol
BOE 0.115 -8% 0.110 0.115 0.125 0.125 0.115 1,805,211


Date Last % Change High Low Vol *
11 Oct 2010 0.125 25% 0.125 0.105 2,613,976
08 Oct 2010 0.100 -13.04% 0.110 0.100 2,228,396
07 Oct 2010 0.115 4.55% 0.120 0.105 1,030,460
06 Oct 2010 0.110 20.88% 0.115 0.087 2,698,579
05 Oct 2010 0.091 116.67% 0.115 0.085 4,132,447

 

[springhill]

Since i last posted on Boss, they have turned their attention to gold in West Africa.
Today they announced the commencement of drilling at Golden Hill Project, Burkina Faso.
http://www.asx.com.au/asxpdf/20120622/pdf/426zmrwknf9ppd.pdf

Previous results from the project include;

● 50m @ 1.46g/t Au from 9m (AZRC011) (incl. 9m @ 3.23g/t Au)
● 53m @ 1.05g/t Au from 35m (AZRC010) (incl. 13m @ 2.32g/t Au)
● 5m @ 13.4g/t Au from 20m (CZRC002)
● 12m @ 4.4g/t Au from 37m (CZRC006)
● 12m @ 3.5g/t Au from 19m (CZRC004)
● 6m @ 6.7g/t Au from 19m (CZRC005)
●9m @ 2.7g/t Au from 37m (CZRC007)
● 37m @ 1.1g/t Au from 22m (PKRC005) (incl. 8m @ 2.2g/t Au)
● 19m @ 1.4g/t Au from 7m (PKRC010) (incl. 11m @ 2.1g/t Au)
● 9m @ 2.7g/t Au from surface (MERC012)
● 11m @ 2.0g/t Au from 19m (MERC013)

Would any gold bugs out there care to comment on these results?

On May 22nd they announced results from the Ma East Prospect, within the Golden Hill Project, Burkina Faso
http://www.asx.com.au/asxpdf/20120522/pdf/426dnqpv3b4msr.pdf

Highlights.
● 9m @ 2.7g/t Au from surface (MERC012)
● 9m @ 2.2g/t Au from 32m (MERC002)
● 9m @ 2.1g/t Au from 6m (MERC005)
● 11m @ 2.0g/t Au from 19m (MERC013)
● 8m @ 2.2g/t Au from 88m (MERC007
● 9m @ 1.7g/t Au from 21m (MERC009)
● 7m @ 2.7g/t Au from 53m (MERC016)
● 11m @ 1.3g/t Au from 16m (MERC017)
● 9m @ 1.4g/t Au from 18m (MERC014)

Latest Investor presentation here.
http://www.asx.com.au/asxpdf/20120518/pdf/426bpvvffgqtgx.pdf

 

[springhill]

SHARE PURCHASE PLAN CANCELLED


Boss Resources announces that, pursuant to paragraph 15 of the Share Purchase Plan (SPP) Terms and Condition announced to the market on 29 June 2012, the Board of Directors have exercised their discretion to terminate the Share Purchase Plan.
The Company’s share price has been trading at or just below the Share Purchase Plan offer price of 6 cents, making the SPP offer unattractive. The Company's directors wish to thank all the shareholders who showed their support for Boss by taking up their entitlements. The Company will refund all application monies received to subscribers (without interest) as soon as possible.

 

[springhill]

C ZONE CONTINUES TO DELIVER SHALLOW HIGH GRADE INTERCEPTS, GOLDEN HILL PROJECT, BURKINA FASO
• Shallow Reverse Circulation (RC) drilling continues to produce high gold grades from the C Zone Prospect, Golden Hill Project, Burkina Faso, with significant widths of gold mineralisation intercepted in all 8 C Zone prospect drill holes.

• Results include:
● 29m @ 1.9g/t Au from surface including 9m @ 4.5g/t Au (CZRC019)
● 12m @ 5.2g/t Au from 63m (CZRC014)
● 10m @ 4.2g/t Au from 44m (CZRC013)
● 21m @ 1.5g/t Au from 46m including 6m @ 2.8g/t Au (CZRC018)
● 6m @ 3.7g/t Au from 51m (CZRC015)
● 11m @ 2.0g/t Au from 51m (CZRC017)

• Gold mineralisation at the C Zone remains open at depth and along strike. High grade ore shoots remain untested at depth.

• 4 out of the 15 Golden Hill Project RC sample batches have been returned (27%) with an average laboratory turn-around period of less than 1 month. Results for the remaining 11 batches are expected progressively over the next 6-8 weeks.

• The remaining 56 RC holes (4400m) of the planned phase 2 RC program will be completed immediately after the current wet season.

• Planning of additional RC drilling at C Zone based on the impressive recent results underway.

 

[greggles]

Boss Resources getting some good results from their infill drilling campaign at the Honeymoon Uranium Mine in South Australia, which represents phase one of their restart strategy on the project.

Here are the highlights from this morning's announcement:

The BOE share price has increased from around 4c in late March to an intraday high of 7.8c today, making new 12 month highs. One to watch.

 

[rcm617]

Getting some good drill results and prices hitting new yearly highs. Should be fairly economic to restart the mothballed honeymoon plant if Uranium makes a comeback.

 

[Miner]

the thread was started in 2007. I was as not active on this as company switched original intention and now dealing with uranium which is not looking good either compared to gold.
Just thought to break the ice
DNH

 

[sptrawler]

Uranium is really one of those materials that requires good news, to fire it up, but no one wants to talk about nuclear as it is a political hot potato.
If World Governments, start a push toward replacing coal with nuclear, it would take off.
But most Governments are talking about closing down coal and nuclear, I think uranium or thorium, will fly in 30-40 years when NG is depleted. I wont be here to see it.
Just my opinion

https://www.focus-economics.com/commodities/energy/uranium

I think there is much better prospects for alumina, also AWC and S32 are coming off the boil, not a recommendation, but worth keeping an eye on.IMO

https://www.focus-economics.com/commodities/base-metals/alumina

Definitely do your own research.

 

[Cam019]

One of the most exciting charts I have seen in quite a while. BOE weekly. BIG 5 year base - watch for the break and hold of $0.087 on the weekly.

Disclosure: held.

 

[Miner]

Uranium is really one of those materials that requires good news, to fire it up, but no one wants to talk about nuclear as it is a political hot potato.
If World Governments, start a push toward replacing coal with nuclear, it would take off.
But most Governments are talking about closing down coal and nuclear, I think uranium or thorium, will fly in 30-40 years when NG is depleted. I wont be here to see it.
Just my opinion

https://www.focus-economics.com/commodities/energy/uranium

I think there is much better prospects for alumina, also AWC and S32 are coming off the boil, not a recommendation, but worth keeping an eye on.IMO

https://www.focus-economics.com/commodities/base-metals/alumina

Definitely do your own research.

@sptrawler how are you mate?
Just went back to your posting about one year back and recent post from @Cam019 !
Are you holding faith on alumina against uranium?
DNH Boss.

 

[System]

On November 26th, 2020, Boss Resources Limited changed its name to Boss Energy Limited.

 

[finicky]

BOE an interesting chart in the apparently warming up Uranium sector. Won't be biting on it myself.

Decade monthly
Today's price rise not computed yet

Daily

 

[greggles]

Won't be biting on it myself.

Might have been worth a bite.

Company is working hard to get the Honeymoon Uranium Project re-started.

Boss Energy Ltd (ASX: BOE) is pleased to announce that it has taken a key step in its strategy to be Australia's next uranium producer, starting discussions with global lenders in regards to funding the resumption of operations at its Honeymoon Uranium Project in South Australia.

The estimated CAPEX funding requirement for Honeymoon is just US$63.2million. This is one of the lowest funding requirements of any pre-production uranium project worldwide, reflecting Honeymoon's status as an established project with an existing full processing plant and infrastructure.

Boss has already signed confidentiality agreements with several global lenders and formal indicative financing proposals are now being sought with a view to ensuring debt funding is well advanced when the Company seeks to finalise offtake agreements. At the same time, Boss is on track to complete the Enhanced Feasibility Study (EFS) on Honeymoon in the coming quarter.

Share price is currently trading at 11.5c and volume has been increasing since the above announcement was released to the market on Tuesday.

 

[barney]

Might have been worth a bite.

Company is working hard to get the Honeymoon Uranium Project re-started.



Share price is currently trading at 11.5c and volume has been increasing since the above announcement was released to the market on Tuesday.

Yeah interesting.

Low Capital startup cost will make it a cheap operation to run. They just need to POU to uptick to $40 or so to make it a nice cash earner. Looks good for the future.

I see PDN PEN DYL all down today. BOE bucking the trend.