Boss Energy Ltd (ASX:BOE)
Boss Resources (ASX:BOE) has one of the few uranium projects ready to participate in the early stages of the new uranium bull market; it truly is a product for this time. Against a backdrop of strengthening uranium prices, the Company has been proactively identifying, addressing, and positioning the Honeymoon Project to be Australia’s next producer of up to 3.2M lbs per annum.
Honeymoon is unique in that it contains a fully permitted uranium mine with $170M of established infrastructure including a plant in good condition under care and maintenance, that has produced and exported uranium from the safe jurisdiction of South Australia; where it holds approved Heritage and Native Title mining agreements.
The Honeymoon mine can be fast tracked into production, to seize upon improved market fundamentals as uranium prices rise. This will be followed by the increased production through the addition of the ion exchange plant, which will take approximately 24 months to construct and commission.