Boss on track to be Australia's next uranium producer

Boss on track to be Australia’s next uranium producer

Boss Energy’s preparations for the restart of the Honeymoon uranium project in South Australia are well underway.

The busy developer is working towards a final investment decision for the project this year, though the exact timing will be linked to increases in the uranium price.

Front-end engineering work is more than 50% complete, a high-voltage power connection agreement has been signed and 100% of the piping and instrumentation diagrams have been finalised.

The project execution plan has been approved. The plan outlines the objectives, processes and strategies to be employed by the owner’s team and contractors, as well as establishing a framework to ensure key project milestones are met.Analysts from Sprott Equity Research said Boss’ latest update showed the company continued to "prioritise substance over flash".In June 2021, the company released the results of an enhanced feasibility study, which saw a 35% rise in the project’s pre-tax net present value to US$309 […]

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.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet