Boss Energy Limited · ASX:BOE
Boss Energy — Resources Rising Stars Conference 2025
23 slides from Boss Energy's conference presentation, Apr 10, 2025
Slide 1: Production and Sales update at Resources Rising Stars
ASX Release 10 April 2025 Production and Sales update at Resources Rising Stars Boss Energy Limited (ASX: BOE; OTCQX: BQSSF) will be presenting at the Resources Rising Stars conference on 10 April 2025. Given the recent disclosure of actual and forecast production results at the analysts Honeymoon s
Slide 2: Sales and loan repayments
During the quarter, U3O8 drummed exceeded IX production as a portion of the inventory accumulated in previous quarters was processed through the drying and packing stage during the quarter. A number of key milestones were delivered during the quarter as part of the ramp-up plan including bringing in
Slide 3: A global multi-mine Uranium producer
A global multi-mine Uranium producer First mover advantage in a rising Uranium market Resources Rising Stars Presentation 10 APRIL 2025 ASX: BOE | OTCQX: BQSSF bossenergy.com
Slide 4: Resilient with first mover advantage
Boss remains well positioned in a volatile market Resilient with first mover advantage • $252 million in cash and liquid assets, ~57% of capital raised. Of this, $65 million is held in cash.1 Strong Balance Sheet • Boss has no requirement for external capital and does not have debt. • The U3O8 Term
Slide 5: 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 250K lbs U3
Slide 6: 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 19.4% Shareholder of Laramide Resources South Australia Northern Territory Queensland & Northern Territory United States & Kazakhstan • Uranium friendly sta
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 5
Slide 8: Honeymoon Highlights
Honeymoon remains on track to deliver 850Klbs in FY2025 Honeymoon Highlights Key ramp up Strong Financial Further ramp up milestones delivered Position and growth initiatives underway • 295,819 lbs of U3O8 drummed (up • $252 million in cash and liquid assets1, • Remain on track to deliver 850k lbs 1
Slide 9: Production Results
Strong quarterly production growth keeps Boss on track to meet guidance Production Results HONEYMOON QUARTERLY PRODUCTION HONEYMOON PRODUCTION (3Q25) lbs (000’s) • Delivered strong quarterly growth in U3O8 drummed of 159k 350 lbs (116%) and growth in IX production of 32k lbs (15%) as Thousands compa
Slide 10: NIMCIX Columns
NIMCIX Columns: #1 & 2 operating at namplate #3 commenced production March 2025 #4 & 5 being installed, to be commissioned Q3 2025 Boss Energy | A global multi-mine Uranium producer 8
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 11
Slide 14: Alta Mesa Highlights
Alta Mesa continues to ramp up to nameplate capacity of 1.5 million pounds 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 ramping up
Slide 15: Market Update
Market Update
Slide 16: Market and Sales update
Market and Sales update Q3 2025 blended uranium sales price achieved of AUD 134/lb or USD 84/lb U3O8 3Q25 Cash Receipts Volume Cash received Cash per pound HISTORICAL U3O8 Spot and Term Price (AUD NOM) lbs USD (000’s) USD AUD1 Sales 150,000 10,525 70 112 AU$ Loan repayment2 118,000 11,864 101 161 18
Slide 17: Contracting activity & strategy
Contracting activity & strategy Uranium prices have never been this high at the start of a contracting cycle Boss has entered into Flexibility Strong Relationships Significant upside binding sales agreement to sell 3.5Mlbs U308 to major • Strategically retain • Entered into three • First production
Slide 18: Appendices
Appendices
Slide 19: Financial Position
Strong financial position with $252 million in cash and liquid assets Financial Position Quarter ended Unit December September • Balance Sheet remains robust with circa $252 million in cash and liquid investments on hand and Sales Lbs 200,000 200,000 no debt. An increase of $6.7 million since Septem
Slide 20: Guidance
Cost guidance for 2H25 indicates a high margin business competitively positioned on the cost curve Guidance 2H FY2025 Cash cost expected to reduce in future years as fixed costs Honeymoon Guidance1 Unit are fractionalised by increased production (AUD) (USD)2 Production Lbs (000’s) 625 625 Cash cost
Slide 21: Honeymoon Resource Table
Honeymoon Resource Table HONEYMOON JORC EXPLORATION TARGETS AND MINERAL RESOURCE The information in this Presentation relating to the Enhanced Feasibility Study (EFS) is extracted from the announcement entitled ‘Updated Feasibility Study identifies lower costs and increased financial returns’ dated
Slide 22: 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 23: Boss Energy Limited
Boss Energy Limited Investor Presentation Keep in touch +61 (8) 6263 4494 boss@bossenergy.com ASX: BOE | OTCQX: BQSSF