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Boss Energy ( (AU:BOE) ) has issued an update.
Boss Energy Limited has responded to an ASX inquiry regarding updated operating and capital cost information for its Honeymoon uranium project. The company disclosed increased operating costs and capital expenditure per pound of U3O8 due to less continuity in mineralized horizons than initially anticipated. These updates were part of a broader FY26 guidance announcement, which also noted potential challenges in achieving the nameplate capacity stated in the feasibility study. An independent review is set to assess the impact of these updates on future operations, reflecting the complexity and technical nature of uranium mining at the Honeymoon Project.
The most recent analyst rating on (AU:BOE) stock is a Buy with a A$5.85 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 in the energy sector, focusing on the production of uranium. The company is primarily involved in the development and operation of the Honeymoon uranium project in South Australia, aiming to supply the global nuclear energy market.
Average Trading Volume: 8,784,261
Technical Sentiment Signal: Sell
Current Market Cap: A$707.4M
Find detailed analytics on BOE stock on TipRanks’ Stock Analysis page.