Boss Energy Limited · ASX:BOE
Boss Energy — Macquarie Australia Conference 2025
21 slides from Boss Energy's conference presentation, May 7, 2025
Slide 1: A global multi-mine Uranium producer
A global multi-mine Uranium producer First mover advantage in a rising Uranium market Macquarie Conference 7 May 2025 ASX: BOE | OTCQX: BQSSF bossenergy.com
Slide 2: Boss has delivered on the Enhanced Feasibility Study and Guidance
Boss has delivered on the Enhanced Feasibility Study and Guidance Shareholder returns Jan 25: Declare Nov 17: Jan 20: Enhanced Jan 24: Boss Jul 24: Alta Honeymoon Commercial May 25: Honeymoon Sep 16: Scoping Successful Field Feasibility study Feasibility Mar 22: $125M acquires 30% of Mesa restart pr
Slide 3: Boss remains well positioned in a volatile market
Boss remains well positioned in a volatile market Resilient with first mover advantage • $229 million in cash and liquid assets.1 Strong Balance Sheet • Honeymoon has become free cash flow positive in its first year of ramp up. • Production: On track to meet production guidance of 850k lbs in FY25.
Slide 4: Global Uranium Platform in Tier 1 Locations
An International multi-mine ISR producer in Two tier One locations Global Uranium Platform in Tier 1 Locations Honeymoon (100% ownership) Alta Mesa (30% ownership) 2.45Mlbs U308 p.a. 1.5Mlbs U308 p.a. South Australia Shipped and cash received Texas Drummed and delivered Alta Mesa Project 401K lbs U3
Slide 5: With a pipeline of growth opportunities
An International multi-mine ISR producer in Two tier One locations With a pipeline of growth opportunities Boss Energy - Australian exploration 19.7% Shareholder of Laramide Resources South Australia Northern Territory Queensland & Northern Territory United States & Kazakhstan • Uranium friendly sta
Slide 6: Honeymoon
Honeymoon
Slide 7: Honeymoon Uranium Mine History
Building mines takes time…. Honeymoon took half a century from discovery to being a commercially viable mine… Honeymoon Uranium Mine History Boss Energy | A global multi-mine Uranium producer 7
Slide 8: Honeymoon Highlights
Boss remains on track to deliver production and cost guidance Honeymoon Highlights Key ramp up Strong Financial Further ramp up milestones delivered Position and growth initiatives underway • Remain on track to deliver 850k • $229 million in cash and liquid assets, • Continued Honeymoon drilling and
Slide 9: Honeymoon Production Results
Strong production growth keeps Boss on track to meet guidance Honeymoon Production Results HONEYMOON QUARTERLY PRODUCTION March 2025 (3Q25) quarterly performance: lbs 295,819 lbs U3O8 drummed (up 116% on Dec qtr) 350,000 Metric Unit Guidance 246,869 lbs IX production (up 15% on Dec qtr) Production l
Slide 10: Columns #4,5 & 6 bases are in place
NIMCIX Columns: #1 & 2 operating at nameplate Columns #4,5 & 6 bases are in place #3 commenced production March 2025 #4 being installed, to be commissioned September 2025 #5 & 6 being installed, to be commissioned December 2025 Boss Energy | A global multi-mine Uranium producer 10
Slide 11: Wellfields
Wellfields Honeymoon Current Wellfield Configuration Construction ahead of schedule #B1 & 2 in production #B3 started production March 2025 #B4 scheduled for production 1QFY26 Brooks Dam #B5 scheduled for production 2QFY26 #B6 scheduled for production 3QFY26 Honeymoon East Kalkaroo Boss Energy | A g
Slide 12: Exploration
Exploration focussed on increasing production rate and mine life Exploration “These satellite deposits have the potential to drive growth as well as enabling us to leverage existing infrastructure and further capitalise on the opportunity presented by growing global demand for uranium from tier-one
Slide 13: Alta Mesa
Alta Mesa Boss Energy | A global multi-mine Uranium producer 13
Slide 14: Alta Mesa Highlights
Alta Mesa continues to ramp up to nameplate capacity of 1.5 million pounds U3O8 Alta Mesa Highlights Key ramp up Current production Further ramp up milestones delivered update and growth initiatives underway • Grand opening celebration of the • Uranium capture of 50,000 lbs U3O8 • Alta Mesa is rampi
Slide 15: Market Update
Market Update
Slide 16: Market Update
Boss Energy well positioned to benefit from rising Long-Term price Market Update Quarter ended AU$ Unit March December September FY25 180 Sales Lbs 150,000 200,000 200,000 Loan repayment Lbs 118,000 - - 160 Term price (which represents ~85% of volume Total Cash Received US$ 22,389 15,500 15,608 trad
Slide 17: Appendices
Appendices
Slide 18: Appendix 1: Physicals Summary
Appendix 1: Physicals Summary Honeymoon Unit 3Q FY25 2Q FY25 1Q FY25 IX Flow (total)1 m3 1,088,704 861,204 729,299 PLS to IX tenor U3O8 mg/l 108 116 71 IX Recovery % 95.5 97.8 97.2 IX Production (total)1 lbs 246,869 215,319 110,050 U3O8 Drummed (total) lbs 295,815 137,084 89,516 Notes: 1. Conversion
Slide 19: Honeymoon and Alta Mesa Resource Tables
Honeymoon and Alta Mesa Resource Tables HONEYMOON JORC EXPLORATION TARGETS AND MINERAL RESOURCE ALTA MESA NI 43-101 MINERAL RESOURCE ESTIMATE (2023) The information in this Presentation relating to the Enhanced Feasibility Study (EFS) is extracted from the announcement For the purposes of Listing Ru
Slide 20: Disclaimer and Important Notices
Disclaimer and Important Notices IMPORTANT: You must read the following before continuing. The Company advises that the EFS uses a portion of Inferred Resources in the first 3 years (less than 1%), in the first 5 years(5%) and over the 11-year life of mine(19%). The Company confirms that the use of
Slide 21: Boss Energy Limited Macquarie Conference
Boss Energy Limited Macquarie Conference Keep in touch +61 (8) 6263 4494 boss@bossenergy.com ASX: BOE | OTCQX: BQSSF