Boss Energy Limited · ASX:BOE
Boss Energy — Q3 FY26 Earnings Presentation
17 slides from Boss Energy's earnings presentation, Apr 30, 2026
Slide 1: A global multi-mine Uranium producer: March 2026 Quarterly Results
For personal use only A global multi-mine Uranium producer March 2026 Quarterly Results 30 April 2026 ASX: BOE | OTCQX: BQSSF bossenergy.com
Slide 2: Q3 Highlights
Strong balance sheet, ongoing ramp up and progress on pathway forward Q3 Highlights For personal use only Production Results Strong Financial Further growth and Position other initiatives underway • Honeymoon quarterly drummed • Average realised price of $106.0/lb • Released an updated Mineral Resou
Slide 3: Honeymoon Production Results
Focus remains on infrastructure delivery and wellfields development Honeymoon Production Results Honeymoon Quarterly Production For personal use only lbs 500,000 • Drummed production of 203 klbs lbs U3O8, down 253 klbs (56%). 450,000 400,000 • IX production of 221 klbs down 185 klbs (46%) due to hea
Slide 4: Cost Performance
Cost guidance maintained at upper end of guidance range Cost Performance For personal use only Q3 FY26 Q2 FY26 Key Metric Unit AUD USD AUD USD • C1 and All In Sustaining Cost increased due to a decline in drummed C1 Cash Cost $/lb 60 41 30 20 production for the month which resulted in a lower fracti
Slide 5: Financial Position
Boss remains in a strong financial position with exposure to rising uranium price Financial Position For personal use only Sales and Inventory Units Q3 FY26 Q2 FY26 • Realised price reflects the sale of 125k lbs relating to a legacy contract. A Sales and loan repayments1 US$000’s 23,906 25,886 furth
Slide 6: Alta Mesa JV Production Results
Production increase relies on new wellfields and permitting Alta Mesa JV Production Results Alta Mesa JV Quarterly Production (100%) For personal use only Drummed (lbs) • Drummed production of 97 klbs down 46 klbs (32%) on the previous 250,000 quarter’ of 143 kbs (on a 100% basis). 200,000 • Boss re
Slide 7: New Feasibility Study
Current understanding continues to be validated through technical studies New Feasibility Study Honeymoon Deposit Characteristics – Current Understanding For personal use only New Feasibility Study - Statement (Dec 25)1 Status Next Steps • First of the internal 3D resource block • Updated interim JO
Slide 8: Leading approach to ISR modelling
Leading approach to ISR modelling A “step-change” in our approach For personal use only Reactive Transport Simulations Wellfield Screens and Streamlines (Honeymoon) • Reactive transport simulations is a computational technique that simulates the movement of fluids and transport of dissolved chemical
Slide 9: Coupling hydrodynamics with chemical interactions between fluid and host sequence
Coupling hydrodynamics with chemical interactions between the fluid and host sequence Forming basis of the New Feasibility Study Permeability Distribution 1. Key inputs For personal use only • Hydrodynamic parameters Grade Distribution • Uranium distribution • Spatial distribution of reactive minera
Slide 10: Wide-spaced Wellfield
Wide-spaced trial patterns are being established Wide-spaced Wellfield East Kalkaroo Domain: Wellfield Designs For personal use only • Trial patterns will provide initial data during the flushing phase. • Pattern sizes range from 85m x 85m (60m injection to extraction well) to 100m x 100m (71m injec
Slide 11: Gould's Dam
The early development of the satellite deposits has been accelerated Gould’s Dam Ore Grade Metal Resource Category1 For personal use only Mt ppm U3O8 kt U3O8 Mlbs U3O8 GOULD'S DAM Indicated 7.5 465 3.5 7.7 Inferred 31.2 369 11.5 25.4 TOTAL 38.7 388 15.0 33.1 •Mineral Resource Mineral Resource update
Slide 12: Jason's Deposit
The early development of the satellite deposits has been accelerated Jason’s Deposit Resource Ore Grade Metal Category1 Mt ppm U3O8 kt U3O8 Mlbs U3O8 For personal use only JASON’S DEPOSIT Indicated 4.8 464 2.2 4.9 Inferred 8.5 380 3.2 7.1 TOTAL 13.3 410 5.4 12.0 • Update follows additional drilling
Slide 13: Honeymoon ramp-up and infrastructure progress
Honeymoon ramp-up and infrastructure progress Summary For personal use only • Honeymoon Q3FY26 production impacted by adverse weather conditions • Revised production guidance to 1.40Mlb – 1.45Mlbs drummed uranium and reconfirmed cost guidance • Column 4 operational and column 5 will be in production
Slide 14: Appendices
For personal use only Appendices
Slide 15: Appendix 1: Quarterly Cashflow bridge
Appendix 1: Quarterly Cashflow bridge $000's For personal use only 80,000 23,237 70,000 60,000 52,857 (18,594) 50,000 (4,643) 40,000 (10,423) (1,257) 380 38,024 (2,758) (776) 30,000 20,000 10,000 - Opening Receipts Honeymoon Sustaining Project & Alta Mesa G&A Exploration & Other Closing Cash From Op
Slide 16: Disclaimer and Important Notices
Disclaimer and Important Notices IMPORTANT: You must read the following before continuing. EFFECT OF ROUNDING This investor presentation (“Presentation”) has been prepared by Boss Energy Limited (ACN 116 834 336) (Boss Energy or A number of figures, amounts, percentages, estimates, calculations of v
Slide 17: Keep in touch
For personal use only March 2026 Quarterly Results Keep in touch +61 (8) 6263 4494 boss@bossenergy.com ASX: BOE | OTCQX: BQSSF