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Boss Energy’s (ASX:BOE) era of vicissitudes could be over as the company has now done what some shareholders have been asking ā clarifying when, exactly, the company’s going to have an accurate idea of how much uranium it can potentially produce from its currently somewhat infamous Honeymoon Project.
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Honeymoon stands at the core of the company’s problems, which are best exemplified by the fact that its CEO, Duncan Craib, did not speak to media outside Diggers and Dealers last month, only days after he announced he’d step down right before the company posted a production forecast downgrade that sank the share price.
That event has been widely reported here on HotCopper and elsewhere, and now, on Thursday, around a month after Craib effectively ditched the media, the company has a review to speak of. Or at least, it will.
The company on Thursday informed shareholders its review remains ongoing ā which is quite similar to what 4DS Memory recently did in a kind of similar debacle.
“To date, Boss has established a technical team, program of work and timeline to complete the review and currently expects the review to be completed in the December quarter, 2025,” BOE wrote.
“Boss is also accelerating resource drilling to support the wellfields planning schedule. The accelerated drilling program is expected to commence in mid-September 2025 and is anticipated to take approximately seven to nine months to complete.”
BOE last traded at $1.91/sh.
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