Boss Energy Limited · ASX:BOE
Boss Energy — Investor Presentation (November 2024)
26 slides from Boss Energy's investor presentation, November 2024
Slide 1: A global multi-mine Uranium producer
A global multi-mine Uranium producer Positioned to benefit from a rising Uranium market Investor Presentation November 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. REFERENCE TO PREVIOUS ASX ANNOUNCEMENTS This investor presentation (“Presentation”) has been prepared by Boss Energy Limited (ACN 116 834 336) (“Boss Energy” or “Company”). The mineral resource estimate and ex
Slide 3: Honeymoon and Alta Mesa Resource Tables
Honeymoon and Alta Mesa Resource Tables HONEYMOON JORC EXPLORATION TARGETS ALTA MESA NI 43-101 MINERAL RESOURCE ESTIMATE (2023) AND MINERAL RESOURCE For the purposes of Listing Rule 5.12, Boss Energy cautions that the mineral resources for the Alta Mesa Project are not reported in accordance with th
Slide 4: Strategic Horizons
It’s all about timing. Strategic Horizons Boss has delivered two producing mines and has a market capital growth of $1.3B and zero debt Vision & Strategy Foundation & Development Organic Growth Mergers & Acquisitions • Be Australia’s Next Uranium • Proven Board & Management • Full pipeline of near-m
Slide 5: Shareholder returns
A disciplined approach to raising capital. Shareholder returns Out of $443 million raised, $245 million remains in cash and liquid assets1 Jan 24: Oct 24: Two columns Sep 16: Jan 20: Jun 21: Jun 22: Final Acquires commissioned at Scoping study Nov 17: Field Feasibility Enhanced Investment 30% Alta H
Slide 6: 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 6
Slide 7: 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. 2Mlbs U308 p.a. South Australia Production and Sales Texas First shipment completed Alta Mesa Project On track for 85
Slide 8: Honeymoon Uranium mine site overview
Honeymoon Uranium mine site overview
Slide 9: RO and Water Treatment Plant
RO and Water Treatment Plant Boss Energy | Australia’s Next Clean Energy Producer 9 9
Slide 10: In-Situ Recovery (ISR) Mining
ISR is a proven cost-effective uranium extraction process with reduced environmental impact relative to traditional mining In-Situ Recovery (ISR) Mining • ISR accounts for ~ 60% global uranium mined, used in Australia, Kazakhstan, USA • ESG friendly mining method - unlike conventional mining, tempor
Slide 11: Wellfield Development
Boss Energy | Australia’s Next Clean Energy Producer Wellfield Development 11 11
Slide 12: First two wellfields have been commissioned
First two wellfields have been commissioned Wellfield construction electrical, instrumentation, and piping materials on site and being installed Boss Energy | Australia’s Next Clean Energy Producer 12 12
Slide 13: Barren Leach Solution / Pregnant Leach Solution Ponds
Barren Leach Solution / Pregnant Leach Solution Ponds 13
Slide 14: Boss owned 400T crane removing redundant Solvent Extraction pulse columns
Boss owned 400T crane removing redundant Solvent Extraction pulse columns Boss Energy | Australia’s Next Clean Energy Producer 14 14
Slide 15: First NIMCIX elution column entering Honeymoon uranium mine site
First NIMCIX elution column entering Honeymoon uranium mine site Boss Energy | Australia’s Next Clean Energy Producer 15 15
Slide 16: Gypsum Pond Earthworks / Pouring Concrete for New IX columns
Gypsum Pond Earthworks Pouring Concrete for New IX columns Wellfield construction electrical, instrumentation, and piping materials on site and being installed Boss Energy | Australia’s Next Clean Energy Producer 16 16
Slide 17: First two columns have been commissioned
First two columns have been commissioned. Third column commissioned by December 2024 17
Slide 18: Each NIMCIX column contributes 35-45,000 lbs U3O8 per month
• Each NIMCIX column contributes 35-45,000 lbs U308 per month • Annualised basis each columns contributes 420-540,000 lbs U308 • Finer details are set out in the published Feasibility Studies Boss Energy | A global multi-mine Uranium producer 18
Slide 19: Production ramp-up
Honeymoon continues to ramp-up in line with EFS forecasts Production ramp-up • On track to produce 850k U3O8 in FY25 • Column two is commissioned and column three expected by December 2024 • Parallel construction and production enables earlier production shipments and sales • Cost guidance to be pro
Slide 20: Honeymoon Exploration Potential
Mining Licence of 36Mlb with a further defined 36Mlbs to be licenced Substantial Exploration Target of 58Mlbs to 190Mlbs at grades up to 1,080ppm U3O81 Honeymoon Exploration Potential • In addition to the JORC Resource of 71.6Mlb, Honeymoon has a substantial Exploration Target1 of 58Mlbs to 190Mlbs
Slide 21: Alta Mesa ISR Uranium project
High grade ISR project in a Tier 1 jurisdiction with significant potential for growth Alta Mesa ISR Uranium project • Located in South Texas – a prolific US district for sandstone- hosted ISR production with historic production of ~80Mlb1 • Most progressive permitting production jurisdiction in the
Slide 22: Leading Development and Operating Experience
Partnership able to leverage the combined experience in development, commissioning and operating mining projects globally Leading Development and Operating Experience BOSS ENERGY Wyatt Buck (Chair) Duncan Craib (CEO and MD) Jan Honeyman (NED) Bryn Jones (NED) • GM of McArthur River Uranium Mine • Fi
Slide 23: Contracting activity & strategy
Contracting Uranium prices have never been this high at the start of a contracting cycle activity & strategy Boss has entered into binding sales agreement Alta Mesa Central Processing Plant, Texas, USA Honeymoon Processing Plant and Wellfields, South Australia to sell 3.5Mlbs U308 to major European
Slide 24: 4 Key Uranium Industry Considerations
Uranium prices are trading at 16-year highs ~ Term US$83/ lb U308 and Spot ~ US$ 83/ lb U308 price (Source: TradeTech, LLC (www.uranium.info) 4 Key Uranium Industry Considerations Supply to 2030 is tight across the cycle, and if Russia cuts supply to the US in Supply is 01 tight response to US sanct
Slide 25: Key Milestones Achieved ~ from 2015 until today
Key Milestones Achieved ~ from 2015 until today Milestone Date Status Acquisition of Honeymoon Uranium Mine - global resources of 16.6Mlb U3O8 Dec 2015 Scoping study confirms low capital requirements and operating costs Sept 2016 Pre-Feasibility Study confirms significant potential for economic upsi
Slide 26: Keep in touch
Investor Presentation Keep in touch +61 (8) 6263 4494 boss@bossenergy.com ASX: BOE | OTCQX: BQSSF