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Boss Energy ( (AU:BOE) ) has shared an announcement.
Boss Energy has concluded a review of its Honeymoon Project, leading to the withdrawal of its 2021 Enhanced Feasibility Study (EFS) due to significant deviations in resource and operational assumptions impacting production and costs. The company has initiated a New Feasibility Study and work programs to evaluate an alternative wellfield design that could enhance recoverability, lower operating costs, and optimize production, potentially improving its strategic footprint in the uranium industry.
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 Limited operates within the uranium mining and energy sector, focusing on innovative in-situ recovery (ISR) mining techniques, which optimize production and cost-efficiency. With a keen focus on international markets and robust financial capability, Boss Energy plays a significant role in advancing sustainable uranium production to meet global energy demands.
Average Trading Volume: 9,199,398
Technical Sentiment Signal: Sell
Current Market Cap: A$649.4M
See more data about BOE stock on TipRanks’ Stock Analysis page.