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Boss Energy Ltd (ASX:BOE)

ALERT: Price-sensitive ASX Announcement for BOE
Current share price for BOE : $1.220 -0.505 (-29.28%)+
Announcement
Release
26 Feb 2026 9:20AM
Price at Release
$1.725
Full Release
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Summary
Boss Energy Limited's interim financial report for the half-year ended December 2025 details a net loss of $7.9 million despite a 71% increase in total revenue to $81.8 million, driven by increased uranium production. The company reduced its C1 Cash cost guidance to $36-$40/lb. Boss Energy maintained a strong financial position with $208.0 million in cash and liquid assets, focusing on developing its Honeymoon and Alta Mesa operations. The company initiated a new review following a material deviation from previous feasibility study assumptions, potentially impacting future operations. A significant corporate restructuring saw Matthew Dusci become the new Managing Director and CEO.
Key Points
  • Boss Energy recorded a net loss after tax of $7.9 million for the period ending December 2025.
  • Total revenue increased by 71% to $81.8 million.
  • C1 Cash cost reduced to $32/lb (US$21/lb), leading to a new guidance range of $36-$40/lb.
  • Production increased to 842k lbs of uranium due to additional wellfields and NIMCIX columns.
  • Cash and liquid assets stood at $208.0 million at the end of the period.
  • Development focus is on Honeymoon and Alta Mesa Operations.
  • Initiated Honeymoon Review, resulting in a material deviation from previous feasibility study assumptions.
  • Continued investment in the Honeymoon Uranium Operation and Alta Mesa Operation.
  • Corporate restructuring with new appointments including Matthew Dusci as Managing Director and CEO.
  • No dividends were paid or recommended.
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.