No video :(

Uranium CEO Sells Over 80% of his Shares

Подписаться 13 тыс.

Просмотров 8 тыс.

50% 1

There was only ever going to be one starting point today, Boss Energy. We share our thoughts on the decision of three directors to off-load substantial amounts of their stock, before jumping into the BHP-Anglo deal as the deadline looms.
We wrapped up with further thoughts on Firefinch as the company gave a market update following their walking away from the Morila gold mine.
Thank you to our Podcast Partners:
WA Water Bores - WA’s premier water well drilling company
/ wa-water-bores
James@wawaterbores.com.au
VRIFY - Communicate in 3D
vrify.com/
Email grant@vrify.com (no e) for more information
GetWet Solutions - Innovative bladder tanks for mobile water storage
www.getwetsolu...
Matt.hall@getwetsolutions.com.au
CRE Insurance - Insurance Brokers for the Construction, Resources and Energy sectors
davidh@creinsurance.com.au
creinsurance.c...
DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries
www.dsiundergr...
www.dsiundergr...
Silverstone - Energy solutions for your business
sstone.com.au/
kenny@sstone.com.au
K-Drill - Safe, reliable, and productive surface RC drilling
www.k-drill.co...
ryan@k-drill.com.au
Brooks Airways - Perth’s leading charter flight operators
www.brooksairw...
ops@brooksairways.com
We use SPARK - Market data for active ASX Traders - sparktrader.com
-------------------------------
Buy your Money of Mine merch at bf3b61-2.mysho...
FOLLOW US
Join our Money Miner Facebook Group:
- Facebook Group: tinyurl.com/yx...
Sign-up for our Daily Newsletter
THE DIRECTOR'S SPECIAL - www.moneyofmin...
Subscribe to our podcast wherever you listen to them:
- Spotify: sptfy.com/PRGW
- Apple: apple.co/3SoYpVZ
- Google Podcasts: tinyurl.com/4r...
Follow us on all social platforms to stay up-to-date:
- Twitter: tinyurl.com/5a...
- Instagram: tinyurl.com/2p...
- LinkedIn: tinyurl.com/kv...
- Facebook: tinyurl.com/yc...
We have personal Twitter accounts you can follow too:
- Matty: / mattymikals
- JD: / jdmoneyofmine
- Trav: / travmoneyofmine
-------------------------------
CHAPTERS
0:00:00 Introduction
0:01:42 Boss Enbergy directors rinse $25m of stock
0:25:22 BHP-Anglo deadline looms
0:35:46 Firefinch backtrack on yesterdays words
-------------------------------
DISCLAIMER
All information in this podcast is for education and entertainment purposes only and is of general nature only.
The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional.
MoM doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate.
MoM will not accept any liability whatsoever for any direct or indirect loss arising from any use of information in this podcast.

Опубликовано:

16 авг 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 47

@DBSYT 2 месяца назад

Definitely not good optics re Boss. If I was a shareholder (which I’m not), I’d be bloody furious.

@byronrichards8678 2 месяца назад

Would love for you to get Duncan Craib on the show to explain everything. I want to give him the benefit of the doubt, but as you point out, red flags starting to proliferate. In interviews elsewhere, he says he's happy to talk to investors, so give him a call and let us listen in? Great work guys and girl!

@andyrobinson4681 2 месяца назад

Great discussion money miners - boss been priced to a perfection for a long time - these 3 directors just confirmed the risk : reward to downside

@peterjohn5834 2 месяца назад

In regard to BOSS Energy, I missed the CFO and the GM going and now must pay the penalty. You bastards 75% sell down is totally unreasonable.

@jimbob1427 2 месяца назад

Gm was a new position, nobody left . These guys are wrong ... again

@hottoys634 2 месяца назад

I’m glad Duncan sold now and not later. Just imagine if he sold when the share price is double or triple from today we would be seeing 50% correction or more. I take this as an opportunity to buy more shares.

@KennoKarateChop 2 месяца назад

It's a valid point. I don't hold the company thought about it maybe now is the time have a look

@eman7282 2 месяца назад

Love your dedication R-I-C-A-R-D-I-N-H-O

@MoneyofMine 2 месяца назад

Thanks GC

@user-fh7zb1ub1x 2 месяца назад

Looks like the CEO is too close to the board or the board is too close to the CEO. I have never seen an executive, let alone a CEO, dumping more than 80% of his shares at once, in a publicly traded company. It's either a sign that the SP is overvalued and the company is not going anywhere, or just plain irresponsible. I am sorry for the Boss shareholders. Let's see how they react at the next AGM. They would be well advised to fire all the directors.

@richardhertz9011 2 месяца назад

Lake Resources enters the chat

@ammignani 2 месяца назад

On the ball Trav

@jamescarter9559 2 месяца назад

Everytime I start these videos at work I always forget to turn the volume down to counter Matty's booming voice 😂

@randalltapp8944 2 месяца назад

Have you guys tried to get Duncan on the blower? An interview now would be very interesting...

@frankryll4942 2 месяца назад

Appreciate your fast reaction to the Decision of Duncan and his buddies. 1. From a CEOs point of view how do you evaluate the in and out-trading of State-Street? 2. Paradice is still holding for the big move. 3. Have a look at the stock from an Elliott-Wave-Point-of-View. 4. How do you evaluate the work of Duncan regarding the management of the Geochemistry-process? What did the guys changed in comparison to Uranium One. It will be the key-element to prove the ramp-up-process. Best Regards. Frank

@MoneyofMine 2 месяца назад

State Street is just an index fund cobba - it's just a reflection of Boss' size. The larger Boss gets, more the index funds buy, in simple terms. Reverse is true as well.

@jimbob1427 2 месяца назад

Yiu guys need to do some research on Australian laws relating to management selling shares. They can not sell if they are in possession of market sensitive information like I dunno "technical issues" . Also might want to check up on the comments about the MD of honeymoon being appointed and no announcement of the previous MD leaving

@peterholland992 2 месяца назад

Completely agree with Trav on BOE.

@MoneyofMine 2 месяца назад

Thanks cobba

@nickhornsey5719 2 месяца назад

Sold out of $BOE on this news. Poor execution even if nothing wrong. Shame but there are so many other opportunities out there right now.

@peglux 2 месяца назад

Keith Goode, I think, had a buy on SLR back in 2009 at sub $0.25. He knows mining incredibly well.

@Al-jv2pn 2 месяца назад

Mr Duncan Craib had received over 60M shares at an average of circa 5c... 100 bagger

@Ballinwithqi 2 месяца назад

Pretty sure that was before the 8:1 consolidation

@denhaagtrader8781 28 дней назад

Can you get Duncan on for an interview to clarify it all and put shareholders at ease

@lancobear3544 2 месяца назад

Sell Boss buy Paladin or Deep Yellow

@frankryll4942 2 месяца назад

What do you think about a merger between Encore and Boss? BOE Management has his chance to get rewarded and than doing a merger between both companies to put a merged stock on a broader base for institutional investors?

@komurz 2 месяца назад

I agree, Trav. BOSS, board, and management aren't being transparent with their technical issues.

@adriansaw8329 2 месяца назад

Getting out of Boss and rotating into Bannerman Resources

@damianmousley2098 2 месяца назад

Good analysis chaps…..

@GiovanniGeorgio69 2 месяца назад

The CRE sponsor segment 😂

@user-fh7zb1ub1x 2 месяца назад

Jonas is so sharp. Sharpest of all.

@maxygg 2 месяца назад

In times like this when a stock has a precipitous drop. We enact the 3-Day Rule

@frankryll4942 2 месяца назад

Maybe just a win win for State Street and the Management. Management gets reward for taking entrepreneurial risk and State Street gets a low entry opportunity.

@zeljkofatzek3670 2 месяца назад

Trav looks really in a cold sweat here. That's the current reality of stock trading 🥵

@Lorenzoohh 2 месяца назад

RICARDINHOOOO

@mutantryeff 2 месяца назад

Insiders could sell their shares for lots of reasons: 1) blackmailed by a prostitute; 2) needs a new house; 3) medical bills for the family; 4) knowing the price is going to drop and wants to pick up more shares on the cheap; 5) ...

@matthewmanzi9504 2 месяца назад

When insider ownership drops dramatically while in any phase of the company, let alone in a critical phase of the ramp up, it is terrible optics and generally a stock, investors should avoid. If the leaders aren’t willing to keep the stock, then why should investors trust keeping the stock. Yes someone might need money for personal things but that was a lot more money than money for personal reasons.

@check1two 2 месяца назад

Why don’t you just get Duncan on to discuss. Duncan is a class act. Your scare mongering is disappointing.

@darren2351 2 месяца назад

We need more time and info about Boss. Let's see the production numbers in the next quarterly to see how the ramp up is going. I personally think they're having problems just like ze Russians did

@jamesmcmillan2656 2 месяца назад

At the end of the day we invest in people

@anthonyparle7342 2 месяца назад

I am in the top 20 shareholder of BOSS and I am happy to stay with that amount of shares. You may want to drill into the detail more before you hang Duncan out to dry. I like the show and I understand its difficult to be over every company but there were reason why the two guys left that you keep referring to they had specific roles that ended when production started.

@Lykzabet 2 месяца назад

Regardlesss it's the optics, Trav gave a disclaimer decoupling from a Duncan personal swipe, the board have shown their hand here going about it in what they would have known was a negative to market sentiment divestment. If you had the benefit of prior knowledge would you still have left your equity holding untouched?

@anthonyparle7342 2 месяца назад

@@Lykzabet I fully understand why people are pissed off, it could have been handled better. You are not alone there are some big shareholders that are selling due to the way this looks. In answer to your question I would have only sold so I could buy in at a cheaper price now. I am the largest shareholder in CXU and I look to the fundamentals of a company and don't get stressed if the share price goes up and down. My take on this issue is yes it bad.. But if I look at the gains above budget of the different parts of the process as per Duncan's notice a while back they will flow to increased through put and better bottom line. Add to the fact that they internally managed all the construction and technical in house. That skill level is unique in ISR uranium companies and can be duplicated anywhere in the world. Keep well.

@piotrturek8013 2 месяца назад

Don't you think that being in the top 20 shareholders makes you naturally a little bit biased towards seeing developments in the company in a positive light @anthonyparle7342? It's not a dig at you by any means, just normal human psychology. Everything the guys said in the podcast was factual and sensible. The optics are utterly terrible and the ramp up risk is very much there

@denhaagtrader8781 29 дней назад

Hi Anthony, have you had contact from Duncan at all? Think I will be emailing to see if everything is okay. I think they all previously agreed that when they got the job done and producing that they would sell there shares. They are just doing this but has scared some investors etc. I don't think anything is wrong and should be making great money at the current spot, so I think it's just another opportunity to buy and sit tight. The financials should be great next few quarters..

@anthonyparle7342 29 дней назад

@@denhaagtrader8781 Hi, yes I have talked to Duncan a couple of times since his share sale. Everything is great and full steam ahead. He is organizing a time for me to catch up with him and do a site visit in the near future so if there was issues he wouldn't be wanting people around. The whole uranium sector is down and BOE is getting hit really hard by the short sellers. Monday last week they dumped 4m shares on a day when the total shares traded was 5m. The uranium ride will have its ups and down but investors just need to stay focused on the long game.