Boss Energy Limited (BOE) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Standing by and welcome to the Boss Energy Investor Conference call March quarter 2026. All participants are in listen-only mode. There will be a presentation followed by a 30-minute question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. In the interest of time, participants are requested to limit the number of questions to two per turn. If you have additional questions, you are welcome to rejoin the queue and we'll be able to ask further questions if time permits. If we run out of time and do not have time for your questions, we ask that you please call our office on 08-6263-4494 or email boss at bossenergy.com and speak to our team. I would now like to hand the conference over to Mr Mark Ducey, Managing Director and Chief Executive Officer. Please go ahead. Thank you. The BOSS Energy March quarterly conference call. Joining me on the call this morning is Justin Laird, our CFO. We're happy to take questions at the end of this call. Turning to slide two. In summary, this has been a challenging quarter operationally for the business. At the same time, we've made significant progress in advancing our pathway forward. In terms of the honeymoon operation for the quarter, production for the quarter was lower and costs were higher than forecast. The primary driver was the impact of heavy and repeated rainfall events during March, which restricted access to site and limited the delivery of key reagents required to maintain stable leaking conditions. This is also compounded by delays in commissioning additional processing capacity, including columns and associated primary pumps. As a result, we revised our FY26 production guidance to 1.4 to 1.45 million pounds. We have reconfirmed o...