Guess which ASX 200 uranium share is jumping 8% on first production

MotleyFool04-29

Up 84% in a year, this high-flying S&P/ASX 200 Index (ASX: XJO) uranium share is leaping higher again today. Shares in the newly minted uranium producer closed on Friday trading for $4.38. In late ...

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In late ...</p>\n\n<a href=\"https://www.fool.com.au/2024/04/29/guess-which-asx-200-uranium-share-is-jumping-8-on-first-production/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Guess which ASX 200 uranium share is jumping 8% on first production</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGuess which ASX 200 uranium share is jumping 8% on first production\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-29 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/04/29/guess-which-asx-200-uranium-share-is-jumping-8-on-first-production/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Up 84% in a year, this high-flying S&P/ASX 200 Index (ASX: XJO) uranium share is leaping higher again today.\nShares in the newly minted uranium producer closed on Friday trading for $4.38. In late ...</p>\n\n<a href=\"https://www.fool.com.au/2024/04/29/guess-which-asx-200-uranium-share-is-jumping-8-on-first-production/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BOE.AU","symbol_name":"BOSS ENERGY LTD","start_time":0,"source_url":"https://www.fool.com.au/2024/04/29/guess-which-asx-200-uranium-share-is-jumping-8-on-first-production/","article_id":"2431047669","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2431047669","pubTimestamp":1714356353,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"Up 84% in a year, this high-flying S&P/ASX 200 Index uranium share is leaping higher again today.Shares in the newly minted uranium producer closed on Friday trading for $4.38. In late morning trade on Monday, shares are changing hands for $4.71 apiece, up 7.5%.For some context, the ASX 200 is up 0.5% at this same time.Any guesses which ASX uranium share is leading the charge higher?If you said Boss Energy Ltd , go to the head of the virtual class.Here's why investors are snapping up Boss Energy shares today.The biggest tailwind propelling the ASX 200 uranium share higher looks to be the successful commissioning at its Honeymoon uranium project, located in South Australia.And the ASX 200 uranium share is poised to become a multi-mine uranium producer in the second half of 2024.Commenting on the results lifting the ASX 200 uranium share today, Boss Energy managing director Duncan Craib said:. We aim to utilise this additional inventory, much of which is already covered by a mining licen","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BOE.AU":"BOSS ENERGY LTD","BK7083":"煤与消费用燃料","XJO.AU":"标普/澳交所 200指数"},"translate_title":"猜猜哪个ASX 200铀股在首次生产时上涨了8%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BOE.AU":1,"XJO.AU":1},"content_text":"Up 84% in a year, this high-flying S&P/ASX 200 Index (ASX: XJO) uranium share is leaping higher again today.\nShares in the newly minted uranium producer closed on Friday trading for $4.38. In late morning trade on Monday, shares are changing hands for $4.71 apiece, up 7.5%.\nFor some context, the ASX 200 is up 0.5% at this same time.\nAny guesses which ASX uranium share is leading the charge higher?\nIf you said Boss Energy Ltd (ASX: BOE), go to the head of the virtual class.\n\nHere's why investors are snapping up Boss Energy shares today.\nWhat's lifting the ASX 200 uranium share?\nBoss Energy released its quarterly update today.\nThe biggest tailwind propelling the ASX 200 uranium share higher looks to be the successful commissioning at its Honeymoon uranium project, located in South Australia.\nThis saw Boss produce its first drum of uranium earlier in April. And the company reported its ramp-up to a steady-state production rate of 2.45 million pounds of U3O8 per year is now underway. With uranium prices expected to remain elevated over the medium to longer term, that could bode well for the Boss Energy share price moving forward.\nInvestors will also be pleased to hear that the company's core processing technology in use at Honeymoon has been \"meeting or exceeding\" expectations.\nBoss Energy said it is now working to increase the production rate and mine life at Honeymoon. The company noted that its current mine plan utilises only 36 million pounds of Honeymoon's total 71.6-million-pound JORC Resource.\nAnd the ASX 200 uranium share is poised to become a multi-mine uranium producer in the second half of 2024.\nBoss acquired 30% of the Alta Mesa Project in the United States earlier in December. The miner said commissioning is advancing to plan, with first uranium production expected in the coming weeks.\nAs at 31 March, Boss Energy had no debt and $298 million of liquid assets (cash, equity investments and physical uranium).\nWhat did management say?\nCommenting on the results lifting the ASX 200 uranium share today, Boss Energy managing director Duncan Craib said:\n\nWith production at Honeymoon now underway, we have established that the ion-exchange processing route we put in place is extremely effective. In light of this huge success, we are accelerating plans to unlock the vast inventory which sits outside the mine plan at Honeymoon.\nWe aim to utilise this additional inventory, much of which is already covered by a mining licence, and the additional capacity we have under our existing uranium export permit, to expand the project's production rate and cashflow.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2431047669"}