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Boss Energy Posts Lower Fiscal Q3 Drummed Uranium from South Australia Project

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-- Boss Energy's (ASX:BOE) fiscal third-quarter production at the Honeymoon project in South Australia reached 203,000 pounds of truranium octoxide drummed, with a C1 cost of AU$60 per pound and all-in sustaining costs (AISC) of AU$58 per pound, according to a Thursday Australian bourse filing.

Honeymoon produced 295,819 pounds of uranium oxide drummed and 246,869 pounds of ion exchange (IX) production in the third quarter of fiscal year 2025, at an average realized price of AU$133 per pound, an earlier filing showed.

C1 cost from drummed uranium was of AU$33 per pound in the third quarter of fiscal 2025, the earlier filing showed.

The company said fiscal year 2026 C1 cost guidance of AU$36 to AU$40 per pound, and AISC guidance of AU$60 to AU$64 per pound have been reconfirmed toward the upper end of the guidance range, with Alta Mesa drummed production of 97,000 pounds on a 100% basis.

The average realized sale price was AU$106 per pound, with Boss remaining strategically under-contracted and holding inventory of 1.53 million pounds of uranium oxide drummed, while cash and liquid assets stood at AU$211 million, including cash on hand of AU$38 million, the filing added.

Work is ongoing for a new Honeymoon JORC resource to support a new feasibility study, including drilling, reinterpretation, and remodeling of historic grade and permeability data, the filing added.

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