Boss Energy Limited said it is "well on track to be Australia’s next uranium producer, with strong progress on all fronts" at its Honeymoon in-situ leach (ISL) uranium project in South Australia. Production is scheduled to start at the mine during the final quarter of 2023. Construction of the three start-up wellfields at Honeymoon (Image: Boss Energy) The Perth-based company said it remains fully-funded through to production, with cash on hand of AUD103 million (USD69 million) and a strategic uranium stockpile valued at AUD96 million based on current spot prices. It noted it had no long-term debt.
Boss Energy said construction of the three start-up wellfields is now ahead of schedule. All significant procurement items have been delivered and installed, with cold commissioning on target for June. Raw water supply and liquid disposal lines have been welded, completed and are ready for use.
In addition, the 60,000-cubic-metre excavation earthworks for […]
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