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Boss Energy Ltd (ASX:BOE)

ALERT: Price-sensitive ASX Announcement for BOE
Current share price for BOE : $1.210 -0.515 (-29.86%)+
Announcement
Release
15 Apr 2026 8:20AM
Price at Release
$1.725
Full Release
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Summary
Boss Energy Ltd has revised its FY26 production guidance for its Honeymoon operation in South Australia, reducing the expected output to between 1.40M lbs and 1.45M lbs of U3O8 from the previously anticipated 1.6M lbs. This adjustment comes after unexpected heavy rain in March 2026 disrupted access roads and hindered the delivery of essential reagents and infrastructure support. Despite these challenges, Boss Energy aims to reach a normalized production rate by the end of FY26 and remains on track to meet its cost guidance, though it acknowledges costs will be at the higher end of the range due to increased fuel-related expenses. The company is focused on completing infrastructure projects and improving operational stability in preparation for FY27.
Key Points
  • FY26 production guidance reduced to 1.40M-1.45M lbs U3O8
  • Heavy rain in March 2026 disrupted operations
  • Revised production due to road access issues and reagent delivery delays
  • Completion of critical infrastructure expected by end of FY26
  • FY26 C1 cost guidance expected at upper end due to fuel cost increases
  • Focus on normalizing production rates by Q4 FY26
  • Preparation for better operational positioning in FY27
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.