Record Quarterly Production Growth
137,000 pounds of uranium were drummed during the quarter, up 53% from the previous quarter, and 215,000 pounds of Ion Exchange production, up 96% from the previous quarter.
Financial Strength
Boss Energy retains $252 million in cash and liquid assets, a $7 million increase from the previous quarter, with zero debt.
Successful Commissioning of Kiln 2
The final installation and commissioning of Kiln 2 was completed, contributing to the ability to achieve nameplate capacity.
Impressive Sales Performance
Sold 200,000 pounds of uranium at a realized price of US$77.5 per pound.
Positive Market Outlook for Uranium
Significant increase in global nuclear capacity projected, with demand expected to more than double by 2050.