Shares in Boss Energy plunge more than 40 per cent as the uranium producer flags challenges in achieving nameplate production and rising cash costs at its flagship project.
In line with announcements earlier this year, uranium producer Boss Energy has achieved FY25 production guidance at its Honeymoon project in South Australia.
Boss Energy is on course to meet its 850,000-pound production guidance for the 2025 financial year at its Honeymoon uranium project in South Australia.
Uranium producer Boss Energy was unable to stem the flow of losses across the market on Wednesday, despite positive news from its Honeymoon project in South Australia.
A forecast uranium production boost which led to an ASX stock sell-off last week will have a marginal impact on the market, according to Boss Energy chief executive Duncan Craib.
Uranium producer Boss Energy is confident it will hit its 2025 financial year production guidance of 850,000 pounds of uranium oxide at its Honeymoon project in South Australia.
Duncan Craib-led Boss Energy believes positive drilling results from its Gould's Dam satellite deposit could pave the way for increased production at its Honeymoon project.
The boss of Australia's newest uranium miner says populist political leaders are not interested in casting a fair eye over nuclear energy's potential as part of the nation's future energy mix.
Uranium explorer Boss Energy is getting closer towards producing its first drum of yellowcake at the company's flagship Honeymoon uranium project in South Australia.
Subiaco-based Boss Energy has acquired a 30 per cent stake of the Alta Mesa ISR uranium project, located in the American state of Texas, for $US60 million, or $A91.5 million.
Boss Energy has become the third Perth-based uranium company to undertake a major capital raising this year, tapping into improving sentiment for the commodity.
Nicholas Clark has retired as executive director, strategy at Alexium International Group to focus on his young family in the US following the unexpected loss of his wife last year.