Boss Energy Limited · ASX:BOE
Boss Energy — Diggers & Dealers 2023
21 slides from Boss Energy's conference presentation, Aug 9, 2023
Slide 1: Countdown to Production
For personal use only Countdown to Production Australia’s next uranium producer Diggers & Dealers 2023 ASX: BOE | OTCQX: BQSSF bossenergy.com
Slide 2: Disclaimer and Important Notices
Disclaimer and Important Notices IMPORTANT: You must read the following before continuing. employees, or advisers as to or in relation to the accuracy or completeness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this announceme
Slide 3: First NIMCIX elution column entering Honeymoon uranium mine site
For personal use only First NIMCIX elution column entering Honeymoon uranium mine site Boss Energy | Australia’s Next Clean Energy Producer 3 3
Slide 4: Security of supply is under threat; open vs captured fuel markets
Security of supply is under threat as for the first time since the 1970’s there is very little inventory and new production is needed in the near term. China and Russia taking significant positions in Kazakhstan, deliveries from Kazakhstan vulnerable Vulnerable Open vs Captured Fuel Markets For pers
Slide 5: Inventory supplies are needed to fill the gap
Inventory supplies are needed to fill the gap Inventory supplies at all-time low For personal use only • Without the buffer of low-cost inventory and secondary supplies, demand will be needed from new production from existing mines, restarts and new mines • US inventories are back to 2012 levels and
Slide 6: Since 2020 the uranium market has risen 94% in Spot Prices and 50% in Term Prices
Since 2020 the uranium market has risen 94% in Spot Prices and 50% in Term Prices Spot and Term prices For personal use only • From Sept ‘21 to April ’22 spot price consistently higher than term price, resulting in utilities moving into the term market • Activity in term market has increased signifi
Slide 7: Fuelling a sustainable future: Investment Highlights
Fuelling a sustainable future • Fully funded, with A$87M cash, zero debt, plus A$105M strategic inventory, to become Australia’s next Uranium producer, with a global first mover advantage For personal use only • Technically proven, low-cost re-start operation in the uranium friendly jurisdiction of
Slide 8: Board of Directors
Board of Directors Highly credentialed with proven track record in Uranium For personal use only Wyatt Buck Duncan Craib Jan Honeyman Bryn Jones Non-Executive Chairman Managing Director & CEO Non-Executive Director Non-Executive Director Ex-Cameco 1991 - 2006 Ex-Kalahari Minerals/ Extract Ex-First Q
Slide 9: Strong Balance Sheet and Zero Debt
ASX 300 Boss Energy has liquid assets of $195M Strong Balance Sheet and Zero Debt For personal use only Share Price Performance Key Metrics $3.50 16 14 Shares Value $3.00 (M) (A$M) Share Price (A$/sh) 12 $2.50 Ordinary Shares 353* Volume (M) 10 $2.00 8 Market Capitalisation (A$2.92/sh**) 1,003 $1.50
Slide 10: Honeymoon Restart Uranium Mine Site
Previous produced and sold U308 globally Honeymoon Restart Uranium Mine Site For personal use only
Slide 11: Strong progress for Q4 2023 production
Strong progress for Q4 2023 production For personal use only • All major long-lead tenders have been issued and are under evaluation / execution • Orders for key critical equipment items have been placed Restart development progress • 170 procurement packages have been awarded ~ $83M / 79% of CAPEX
Slide 12: ISR is a proven cost effective and environmentally encouraged extraction process
ISR is a proven cost effective and environmentally encouraged extraction process In-Situ Recovery (ISR) Mining For personal use only • ISR accounts for ~ 60% global uranium mined, used in Australia, Kazakhstan, USA • ESG friendly mining method • Unlike conventional mining, temporary ground disturban
Slide 13: Wellfield construction electrical, instrumentation, and piping materials installed
Wellfield construction electrical, instrumentation, and piping materials on site has been installed Wellfield construction electrical, instrumentation, and piping materials on site and being installed For personal use only Boss Energy | Australia’s Next Clean Energy Producer 13 13
Slide 14: Gypsum Pond Earthworks
Gypsum Pond Earthworks Gypsum pond completed Wellfield construction electrical, instrumentation, and piping materials on site and being installed For personal use only Boss Energy | Australia’s Next Clean Energy Producer 14 14
Slide 15: Boss Owned 400T crane removing redundant Solvent Extraction pulse columns
For personal use only Boss Owned 400T crane removing redundant Solvent Extraction pulse columns Boss Energy | Australia’s Next Clean Energy Producer 15 15
Slide 16: RO and Water Treatment Plant
For personal use only Boss Energy | Australia’s Next Clean Energy Producer RO and Water Treatment Plant 16 16
Slide 17: ~71.6Mlb U3O8 JORC Resources
~ 71.6Mlb U3O8 JORC Resources For personal use only • 71.6Mlb U3O8 JORC Resource1 at an average grade of 620ppm U3O8 • The Honeymoon Re-start Area (HRA) contains 36Mlb U3O8 • ML 6109 sits on top of the HRA • Shallow mineralisation at 90 - 120m depth • A further 36Mlbs sits outside the HRA on 2 satel
Slide 18: Honeymoon's low cost of production delivers robust financial returns
Honeymoon’s low cost of production delivers robust financial returns (table excludes 1.25Mlbs held physical uranium) Financial Highlights For personal use only KEY STUDY OUTCOMES 2021 EFS US$1.28B US$25.62/lb Physical Summary REVENUE AISC Life of Mine Years 11 U3O8 Production Mlb 21.81 Financial Sum
Slide 19: Significant Upside Potential
Substantial scope to add significant value and mine life beyond initial EFS mine plan Significant Upside Potential For personal use only Not to scale and illustrative only Boss Energy | Australia’s Next Clean Energy Producer 19
Slide 20: Boss Energy's ESG Focus
For personal use only Boss Energy’s ESG Focus Instilling ESG values not only creates economic value, but long-term value for society by addressing its needs and challenges • Business Ethics & CorporateInstilling Governance • Climate ESG values not only creates change economic value, & decarbonisatio
Slide 21: Keep in touch
For personal use only Honeymoon Restart Project Keep in touch +61 (8) 6263 4494 boss@bossenergy.com ASX: BOE | OTCQX: BQSSF