Boss Energy (ASX: BOE), is an ASX-listed uranium minerals exploration company focused on the re-start of the Honeymoon Uranium Project in South Australia, with first production targeted for Q4 2023. An early mover in the Australian uranium market Boss energy ltd is set to take advantage of the new uranium bull market. Formerly Boss Resources limited.
Boss Energy ltd is an early mover looking to take advantage of the expanding uranium market with the one of the few uranium projects ready to start production rapidly. The company promises low costs, and security in an established brownfield deposit, with exposure to the uranium and nuclear market.
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Boss Energy Current operations - South Australia
The Honeymoon project in South Australia is a brownfield project, having been put under care and maintenance in 2013. The honeymoon project has a resource of 36Mlbs, and has a 10 year forecast mine life at 2.45Mlb's Per annum. The Enhanced Feasibility Study carried out in June 2021, noted that there was future potential expansion to possibly include more of the 71.6Mlbs mineral resource that the project sits on. Furthermore, plans to update the current extractions technology has brought the All-In Costs down by 11%.
"Boss Managing Director Duncan Craib said the EFS showed Honeymoon was firmly on track to be Australia’s next uranium producer" - Boss energy ltd
BOE's current plans are mainly to establish the honeymoon project and explore its potential expansion.
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