Boss Energy on-track to become Australia’s next uranium miner

Boss Energy on-track to become Australia’s next uranium miner

Boss Energy managing director Duncan Craib said the June quarter had been a “transformational” period for the company. Boss Energy (ASX: BOE) is on track with its strategy of becoming Australia’s next uranium miner from its Honeymoon project in South Australia, with an enhanced feasibility study recently returning financially robust results.

Boss managing director Duncan Craib said the June quarter had been “transformational” for the company.

During the period, Boss unveiled its much-anticipated enhanced feasibility study for restarting Honeymoon.

The company says the study shows the proposed uranium operation will be financially and technically robust.Under the enhanced study, Honeymoon’s pre-tax net present value rose 35% on last year’s study to U$309 million.Nameplate production capacity was increase by 22.5% to 2.45 million pounds of uranium per annum based on the Honeymoon restart area resource of 36Mlb. Outside of this area is a further 35.6Mlb of JORC resources which could underpin production beyond the […]

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