InvestSMART

Boss Energy Ltd (ASX:BOE)

ALERT: Price-sensitive ASX Announcement for BOE
Current share price for BOE : $1.245 0.12 (10.67%)+
Announcement
Release
18 Dec 2025 11:43AM
Price at Release
$1.125
Full Release
download
Summary
Boss Energy Ltd has provided an update concerning its Honeymoon uranium project following a review that resulted in significant deviations from the previously assumed 2021 Enhanced Feasibility Study (EFS). The company has withdrawn the EFS and is now exploring a new wide-spaced wellfield design which could potentially lower costs and improve resource recoverability. Boss Energy remains financially robust with substantial liquid assets to self-fund the transition to this new design and accelerate the development of satellite deposits. Boss continues to meet its FY26 production and cost guidance, and the new feasibility study for the Honeymoon project is expected to be completed by Q3CY26.
Key Points
  • Significant deviation from the 2021 Enhanced Feasibility Study for Honeymoon project.
  • Withdrawal of the EFS due to discrepancies in continuity and leachability of mineralisation.
  • Initiation of a New Feasibility Study focusing on a wide-spaced wellfield design.
  • Potential for the new design to reduce costs and increase resource recoverability.
  • Strong financial position with A$212 million in cash and liquid assets as of September 2025.
  • FY26 production and cost guidance remains on track.
  • Completion of a Scoping Study targeted for Q2CY26, with New Feasibility Study by Q3CY26.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.