Boss Energy Limited · ASX:BOE
Boss Energy — Macquarie Australia Conference 2024
13 slides from Boss Energy's conference presentation, May 9, 2024
Slide 1: Becoming a multi-mine Uranium producer
For personal use only Becoming a multi-mine Uranium producer Positioned to benefit from a rising Uranium market Macquarie Australia Conference ~ May 2024 ASX: BOE | OTCQX: BQSSF bossenergy.com
Slide 2: Disclaimer and Important Notices
Disclaimer and Important Notices IMPORTANT: You must read the following before continuing. PAST PERFORMANCE This investor presentation (“Presentation”) has been prepared by Boss Energy Limited (ACN 116 834 336) (“Boss Energy” or Past performance information, including past share price performance of
Slide 3: Boss Strategic Horizons ~ it's all about timing
Boss has delivered two producing mine and market capital growth of $2B and zero debt BOSS Strategic Horizons ~ it's all about timing For personal use only Vision and Strategy Foundation and Development Organic Growth Mergers & Acquisitions ➢ Become Australia’s Next Uranium ➢ Skilled, committed, stab
Slide 4: On time and on budget to be a multi-mine ISR producer
On time and on budget to be a multi-mine ISR producer in Two tier One locations in 1st Half 2024 Global Uranium Platform in Tier 1 Locations HONEYMOON (100% ownership): 2.45Mlbs U308 p.a. ALTA MESA (30% ownership): 1.5Mlbs U308 p.a. For personal use only South Australia First drum produced Texas Fir
Slide 5: Partnership combines experience in development, commissioning and operating mining projects
Partnership combines experience in development, commissioning and operating mining projects globally Leading Development and Operating Experience BOSS ENERGY For personal use only Wyatt Buck (Chair) Duncan Craib (CEO and MD) Jan Honeyman (NED) Bryn Jones (NED) • GM of McArthur River Uranium Mine • F
Slide 6: ISR and IX are proven cost-effective uranium mines
ISR and IX are proven cost-effective uranium mines and ESG friendly relative to traditional mining In-Situ Recovery Mining and Ion Exchange In-Situ Recovery (ISR) Ion Exchange (IX) For personal use only Most common method of uranium recovery globally Proven technology ISR accounts for ~ 60% global u
Slide 7: Uranium prices are trading at 16-year highs
Uranium prices are trading at 16-year highs ~ Term US$80/ lb U308 and Spot ~ US$ 93/ lb U308 price 4 Key Uranium Industry Considerations 1 Supply to 2030 is tight across the cycle, and if Russia cuts supply to the US in response For personal use only Supply is tight to US sanctions on Russian supply
Slide 8: Uranium prices have yet to peak and likely to overshoot
Uranium prices have yet to peak and likely to overshoot in near term due to lack of new production Spot and Term prices For personal use only Boss has entered into two binding sales agreement to sell ~1.8 Mlbs U308 in total to two major Western utilities in the period to 2032. Reasons for net increa
Slide 9: The supply deficit is forecast to grow
The supply deficit is forecast to grow as reserves for existing mines are exhausted and insufficient production planned to replace it Global uranium supply & demand ~ structural deficit Base Case Uranium Supply / Demand (UXC) Uncovered Requirements (UXC) For personal use only Source: UXC Uranium Mar
Slide 10: Uranium prices have never been this high at the start of a contracting cycle
Uranium prices have never been this high at the start of a contracting cycle Contracting activity and strategy Boss has entered into two For personal use only binding sales agreement to sell 1.8Mlbs U308 to major European / US power utilities over 8yrs from 2024 to 2032 Alta Mesa Central Processing
Slide 11: Multi-mines in two tier locations: Asset Portfolio Highlights
MUTLI-MINES in TWO TIER 1 locations, only 4 currently world-wide with more than 1 producing asset Asset Portfolio Highlights Resource tables For personal use only Boss’ post transaction asset portfolio Honeymoon Project Contained U3O8 Honeymoon Tonnes (Mt) Grade (%U3O8) (Mlbs) Ownership % 100 Measur
Slide 12: Substantial Exploration Target of 58Mlbs to 190Mlbs
Substantial Exploration Target of 58Mlbs to 190Mlbs at grades up to 1,080ppm U3O81 Honeymoon Exploration Potential • Following strong infill drilling results at Gould’s Dam, Jasons, Billeroo and Sunset. Boss is now preparing for technical and For personal use only economic studies on developing the
Slide 13: Keep in touch
For personal use only Keep in touch +61 (8) 6263 4494 boss@bossenergy.com ASX: BOE | OTCQX: BQSSF