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The latest announcement is out from Boss Energy ( (AU:BOE) ).
Boss Energy has withdrawn the Enhanced Feasibility Study (EFS) for its Honeymoon project after a comprehensive review highlighted significant deviations in key assumptions regarding mine life, annual production, and cost structures. The company announced plans to initiate a series of studies, including a Scoping Study and a new Feasibility Study, alongside delineation drilling and resource updates, to address the project’s evolving dynamics and ensure operations align with lower-grade resource sensitivities. This development signals strategic recalibration aimed at optimizing project viability while maintaining its competitiveness in uranium production.
The most recent analyst rating on (AU:BOE) stock is a Hold with a A$2.10 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 a global uranium producer operating multiple mines. They focus on supplying uranium, an essential resource in nuclear energy, to global markets, which positions them as a player in the growing nuclear energy industry.
Average Trading Volume: 9,199,398
Technical Sentiment Signal: Sell
Current Market Cap: A$649.4M
For detailed information about BOE stock, go to TipRanks’ Stock Analysis page.