Boss Energy: Strong Operational Momentum and Cost Discipline in Q2 FY26
Boss Energy Limited (ASX: BOE) delivered a solid operational and financial performance during the December 2025 quarter, underpinned by strong output from its Honeymoon uranium operation. The company achieved record drummed production of around 456 klbs of U₃O₈, reflecting improved wellfield performance and optimisation initiatives. Cost control remained a key highlight, with C1 cash costs declining meaningfully following successful reagent optimisation and higher production efficiency. As a result, management revised full-year cost guidance lower while maintaining FY26 production guidance of 1.6 Mlbs, reinforcing confidence in near-term execution.
Boss also strengthened its balance sheet, ending the quarter with over AU$200 million in cash and liquid assets, supported by rising uranium inventory and disciplined capital management. At Alta Mesa, production was lower on a gross basis, though Boss’ attributable share increased. Progress continued across permitting, satellite deposits, and a new feasibility study aimed at improving long-term economics, positioning the company to benefit from a tightening uranium market.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
Boss Energy: Strong Operational Momentum and Cost Discipline in Q2 FY26
Boss Energy Limited (ASX: BOE) delivered a solid operational and financial performance during the December 2025 quarter, underpinned by strong output from its Honeymoon uranium operation. The company achieved record drummed production of around 456 klbs of U₃O₈, reflecting improved wellfield performance and optimisation initiatives. Cost control remained a key highlight, with C1 cash costs declining meaningfully following successful reagent optimisation and higher production efficiency. As a result, management revised full-year cost guidance lower while maintaining FY26 production guidance of 1.6 Mlbs, reinforcing confidence in near-term execution.
Boss also strengthened its balance sheet, ending the quarter with over AU$200 million in cash and liquid assets, supported by rising uranium inventory and disciplined capital management. At Alta Mesa, production was lower on a gross basis, though Boss’ attributable share increased. Progress continued across permitting, satellite deposits, and a new feasibility study aimed at improving long-term economics, positioning the company to benefit from a tightening uranium market.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au