Boss Energy maintains production target despite quarter-on-quarter drop

Full story: https://grafa.com/en/news/australia/boss-energy-maintains-production-target-despite-quarter-on-quarter-drop

Key points

Boss Energy reported drummed production of 359,000 pounds of triuranium octoxide for the quarter, representing a 1% decline from the previous quarter.
The company's cash balance fell by $10 million to $39 as it accumulated 60,000 pounds of drummed inventory.
Boss Energy remains on track to deliver its FY27 production and cost guidance as it transitions to a wide-spaced wellfield design.

Boss Energy (ASX:BOE) has confirmed that its quarterly operational results met expectations despite drummed production dipping 1% to 359,000 pounds.

The modest output decline was accompanied by a 9% drop in ion exchange production to 337,000 pounds due to lower average tenor.

Boss CEO and Managing Director, Matthew Dusci, commented, “Operationally, we made a solid start to FY27. Honeymoon produced 359 klbs of drummed U₃O₈ and achieved record flows, despite a significant rainfall event that resulted in 19 days of lost production.”

Boss Energy stated that initial flushing performance supports the expected viability of its new wide-spaced wellfield design.

The miner recorded a C1 cash cost of $47 per pound, an all-in sustaining cost of $79 per pound, and a total capital expenditure of $13 million.

Boss Energy maintained total liquid assets of $195 million in cash and liquid holdings to fund its ongoing transition.

Following the announcement, the Boss Energy share price was unchanged at $1.48.

The company continues construction on new wellfields HMT1, EKT2, and EKT3, which are expected to begin production between Q3 FY27 and Q1 FY28.

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Honeymoon produced 359 klbs of drummed U₃O₈ and achieved record flows, despite a significant rainfall event that resulted in 19 days of lost production.”</p>\n<p>Boss Energy stated that initial flushing performance supports the expected viability of its new wide-spaced wellfield design.</p>\n<p>The miner recorded a C1 cash cost of $47 per pound, an all-in sustaining cost of $79 per pound, and a total capital expenditure of $13 million.</p>\n<p>Boss Energy maintained total liquid assets of $195 million in cash and liquid holdings to fund its ongoing transition.</p>\n<p>Following the announcement, the Boss Energy share price was unchanged at $1.48.</p>\n<p>The company continues construction on new wellfields HMT1, EKT2, and EKT3, which are expected to begin production between Q3 FY27 and Q1 FY28.</p></body></html>","htmlText":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1210c8c2ca37a036000fe76128d7c7f9\" tg-width=\"1456\" tg-height=\"816\"></p>\n<p>Full story: https://grafa.com/en/news/australia/boss-energy-maintains-production-target-despite-quarter-on-quarter-drop</p>\n<h2>Key points</h2>\n<ul>\n <li>\n  <p>Boss Energy reported drummed production of 359,000 pounds of triuranium octoxide for the quarter, representing a 1% decline from the previous quarter.</p></li>\n <li>\n  <p>The company's cash balance fell by $10 million to $39 as it accumulated 60,000 pounds of drummed inventory.</p></li>\n <li>\n  <p>Boss Energy remains on track to deliver its FY27 production and cost guidance as it transitions to a wide-spaced wellfield design.</p></li>\n</ul>\n<p>Boss Energy (ASX:BOE) has confirmed that its quarterly operational results met expectations despite drummed production dipping 1% to 359,000 pounds.</p>\n<p>The modest output decline was accompanied by a 9% drop in ion exchange production to 337,000 pounds due to lower average tenor.</p>\n<p>Boss CEO and Managing Director, Matthew Dusci, commented, “Operationally, we made a solid start to FY27. Honeymoon produced 359 klbs of drummed U₃O₈ and achieved record flows, despite a significant rainfall event that resulted in 19 days of lost production.”</p>\n<p>Boss Energy stated that initial flushing performance supports the expected viability of its new wide-spaced wellfield design.</p>\n<p>The miner recorded a C1 cash cost of $47 per pound, an all-in sustaining cost of $79 per pound, and a total capital expenditure of $13 million.</p>\n<p>Boss Energy maintained total liquid assets of $195 million in cash and liquid holdings to fund its ongoing transition.</p>\n<p>Following the announcement, the Boss Energy share price was unchanged at $1.48.</p>\n<p>The company continues construction on new wellfields HMT1, EKT2, and EKT3, which are expected to begin production between Q3 FY27 and Q1 FY28.</p></body></html>","text":"Full story: https://grafa.com/en/news/australia/boss-energy-maintains-production-target-despite-quarter-on-quarter-drop Key points Boss Energy reported drummed production of 359,000 pounds of triuranium octoxide for the quarter, representing a 1% decline from the previous quarter. The company's cash balance fell by $10 million to $39 as it accumulated 60,000 pounds of drummed inventory. Boss Energy remains on track to deliver its FY27 production and cost guidance as it transitions to a wide-spaced wellfield design. Boss Energy (ASX:BOE) has confirmed that its quarterly operational results met expectations despite drummed production dipping 1% to 359,000 pounds. The modest output decline was accompanied by a 9% drop in ion exchange production to 337,000 pounds due to lower average tenor. Boss CEO and Managing Director, Matthew Dusci, commented, “Operationally, we made a solid start to FY27. Honeymoon produced 359 klbs of drummed U₃O₈ and achieved record flows, despite a significant rainfall event that resulted in 19 days of lost production.” Boss Energy stated that initial flushing performance supports the expected viability of its new wide-spaced wellfield design. The miner recorded a C1 cash cost of $47 per pound, an all-in sustaining cost of $79 per pound, and a total capital expenditure of $13 million. Boss Energy maintained total liquid assets of $195 million in cash and liquid holdings to fund its ongoing transition. Following the announcement, the Boss Energy share price was unchanged at $1.48. 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