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Boss Energy Limited ( (AU:BOE) ) has issued an announcement.
Boss Energy Limited has achieved significant milestones in its uranium production ramp-up, with a 53% increase in drummed uranium and a 96% increase in IX production from the previous quarter. The company has declared commercial production as of January 1, 2025, and is set to commence additional IX circuits in the coming months. Financially, Boss Energy maintains a strong position with $252 million in cash and liquid assets and has set a C1 cost guidance of $37-41/lb for the second half of FY25. The company is on track to deliver 850,000 lbs of uranium in FY2025 and aims to reach full operational capacity at Alta Mesa by 2026, highlighting its commitment to growth and operational efficiency.
More about Boss Energy Limited
Boss Energy Limited is a global multi-mine uranium producer, primarily focused on uranium production and market activities. The company is listed on the Australian Securities Exchange (ASX: BOE) and the OTCQX (BQSSF), indicating its strong presence in the energy sector with a focus on expanding uranium production.
YTD Price Performance: 10.30%
Average Trading Volume: 23,801
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $814.4M
For detailed information about BOE stock, go to TipRanks’ Stock Analysis page.
