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Boss Energy Cuts Honeymoon FY26 Uranium Output Guidance After Weather Disruptions

Story Highlights
  • Boss Energy lowered FY26 Honeymoon uranium output guidance after heavy rain and access issues cut third-quarter production and delayed ramp-up.
  • The company reaffirmed FY26 cost guidance despite expecting costs at the upper end, citing weather and infrastructure delays but targeting a stronger FY27 position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boss Energy Cuts Honeymoon FY26 Uranium Output Guidance After Weather Disruptions

Meet Samuel – Your Personal Investing Prophet

Boss Energy ( (AU:BOE) ) just unveiled an update.

Boss Energy has cut its FY26 production guidance for the Honeymoon uranium operation to 1.40–1.45 million pounds of U3O8 drummed, down from 1.6 million pounds, after heavy and unexpected rainfall further damaged already degraded access roads and disrupted reagent deliveries and site access. Third-quarter output fell to 203,000 pounds, below prior guidance, and the company now expects a weaker fourth quarter than previously forecast, though it plans to restore a normalised production run rate by the end of FY26.

Despite the downgrade, Boss Energy reaffirmed its FY26 C1 cash cost guidance of $36–40 per pound and all-in sustaining cost guidance of $60–64 per pound, while cautioning that actual costs will likely land at the upper end of those ranges due to fuel-related and logistics cost pressures. Management said delays in commissioning key infrastructure, including additional pumps and NIMCIX columns needed to ramp process flow, compounded the weather-related setbacks, but completion of columns 1–5 by year-end is expected to strengthen the asset’s position heading into FY27.

The most recent analyst rating on (AU:BOE) stock is a Hold with a A$1.60 price target. To see the full list of analyst forecasts on Boss Energy stock, see the AU:BOE Stock Forecast page.

More about Boss Energy

Boss Energy is an Australian uranium producer focused on its Honeymoon operation in South Australia. The company’s primary product is U3O8, with operations centred on in-situ recovery and associated processing infrastructure to supply the global nuclear fuel market.

Average Trading Volume: 7,547,459

Technical Sentiment Signal: Sell

Current Market Cap: A$697.4M

See more data about BOE stock on TipRanks’ Stock Analysis page.

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