Boss Energy (ASX:BOE) takes key step towards securing project finance

The Honeymoon Uranium Project. Source: ABC Boss Energy (BOE) has started discussions with global lenders about funding an operations reboot at its Honeymoon Uranium Project in South Australia

The estimated capital expenditure requirements for Honeymoon total US$63.2 million (roughly A$82.8 million), one of the lowest funding requirements of any pre-production uranium project worldwide

Confidentiality agreements between Boss and several global lenders have been signed and formal indicative financing proposals are now being sought

Additionally, Boss is also on track to complete an enhanced feasibility study (EFS) on Honeymoon in the coming quarter The EFS aims to reduce costs and increase nameplate capacity by removing the existing solvent extraction columns at Honeymoon and replacing them with new NIMCIX columns Boss Energy is up 16.3 per cent, trading at 10 cents per share Boss Energy (BOE) has started discussions with global lenders about funding an operations reboot at its Honeymoon Uranium […]

Click here to view original web page at themarketherald.com.au

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.