BOE - Boss Energy

[finicky]

This was my final red flag that kicked in back in January:

"How can you have any faith after behaviour such as this by a speculative company's management? It's a travesty that this class of society has the gall to claim that their free/cheap remunerative shares align them with shareholders and puts skin in the game. It's so blatant and in your face. Whenever I feel a flicker of interest in BOE I recall this egregious act."

"Boss Energy chief Duncan Craib sells down the majority of his stake for $21.1m, other directors follow suit. The boss of freshly minted uranium producer Boss Energy has cashed out for a mega payday worth over $20 million. 27 May 2024"

15 minute chart

 

[finicky]

Market Matters view

The Match Out: ASX moves up on weekend trade deals, Boss Energy (BOE) hit as management flags mine issues - Market Matters

The Match Out: ASX moves up on weekend trade deals, Boss Energy (BOE) hit as management flags mine issues Market Matters - ASX buy recommendations

marketmatters.com.au

Boss Energy (BOE) $1.905

BOE -43.97%: Q4 uranium production exceeded expectations while sales lagged due to market strategy. FY26 costs were guided higher than expected, though the primary reason for the selloff was the revelation that management ‘identified potential challenges that may arise in achieving nameplate capacity’ in FY27 and beyond.

Q4 production ~349klbs of uranium, a 4% beat vs consensus
Sales of 100klbs U3O8, significantly lower than production reflecting BOE’s market strategy to retain Uranium when the price is not reflective of long-term value
FY26 All-In-Sustaining-Cost (AISC) of $64-70/lb, materially higher than consensus
Management gave more detail on the investor call at 11am and our interpretation is that the total resource estimate remains unchanged, and is not necessarily at risk. Rather it’s a question of what it will cost to get to get to nameplate capacity, with more clarity to be provided via an independent report which is already underway.

Despite poor communication, the sell-off appears overdone given stronger uranium market fundamentals. With the stock currently trading at multi-year lows, the current share price does look like an attractive entry-point, however we suspect the stock remains under some pressure until the independent review is finalised and more clarity is provided – we are cautious as there is currently no deadline on this.

MM is cautiously bullish BOE

Not Held
Not Buying

 

[qldfrog]

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Held

I prefer laughter to crying, i got out my own personal investment in time but systems are systems to be followed..

 

[qldfrog]

I prefer laughter to crying, i got out my own personal investment in time but systems are systems to be followed..

I also think they will join msb in my do not touch with a pole list

 

[Dona Ferentes]

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Held

was -45% at one time

As to nameplate capacity, pluck a number from the air, and double it?

 

[finicky]

Is Boss Energy buyable after its horrid FY26 guidance?
By Kerry Sun
Mon 28 Jul '25

Key Points (my bold)
Boss Energy's FY26 guidance shows costs 23-42% higher than expected while production falls 7% short of estimates, triggering a 45% share price collapse to $1.88.
CEO Duncan Craib announced his departure just one week before the bad news, having previously sold $21 million worth of shares at $5.63 in May 2024.
An independent review will assess potential downgrades to feasibility study assumptions due to "less continuity of mineralisation and leachability" at the Honeymoon project.

Is Boss Energy buyable after its horrid FY26 guidance?

Boss Energy (ASX: BOE) shares plummet 45% after disappointing FY26 production guidance and cost blowouts. CEO Duncan Craib to step down September 2025.

www.marketindex.com.au

 

[houtman]

Is Boss Energy buyable after its horrid FY26 guidance?

Maybe, if it was only 2026.

However 2027 also looks iffy.

Aussie Uranium stocks find many ways to disappoint.

Not held

 

[finicky]

Uninvestable in my opinion. Won't stop the traders.

 

[Antirnator]

@Joe Blow August stock competition, I couldn't of anything better because it is stuck in my head.

 

[Sean K]

I wonder if anyone is considering a knife catch?

 

[countrylad]

I bought yesterday, the quarter was not that bad, the unknown is mineralization in the next wells, how they don’t know already is beyond me, anyway the uranium outlook has not changed.

Countrylad still bullish on Uranium and Boss.

You might have to carve that on my tombstone when I’m buried in a paupers grave, than again I wouldn't have a tombstone so it would be a wooden cross scribbled in texts.

 

[qldfrog]

I bought yesterday, the quarter was not that bad, the unknown is mineralization in the next wells, how they don’t know already is beyond me, anyway the uranium outlook has not changed.

Countrylad still bullish on Uranium and Boss.

You might have to carve that on my tombstone when I’m buried in a paupers grave, than again I wouldn't have a tombstone so it would be a wooden cross scribbled in texts.

I went in just below $1.75, a token amount, will see when back from holidays

 

[Sean K]

I went in just below $1.75, a token amount, will see when back from holidays

Down 50% on that result has got to be an overreaction. Maybe a stop loss cascade. Good luck!

 

[qldfrog]

Down 50% on that result has got to be an overreaction. Maybe a stop loss cascade. Good luck!

That is casino play here for me, we all know value is what people are ready to pay for, nothing more or less.
I find at $1.75, this is probably too big a change from last week

 

[countrylad]

I went in just below $1.75, a token amount, will see when back from holidays

good buying froggy

 

[Sean K]

Not too much blood spilt yet for the knife catchers.

Holding at $1.75 ish for the minute.

Canaccord says BUY
Bell Potter says BUY
Citi says BUY
Euroz says HOLD
Ord says HOLD

'Honeymoon over': What brokers think of Boss Energy after shares bombed 50%

Boss Energy's warning of production problems at its Honeymoon Mine led the market to dump shares pronto.

www.livewiremarkets.com

 

[Joe Blow]

@Joe Blow August stock competition, I couldn't of anything better because it is stuck in my head.

Do you think you could add a sentence or two of meaningful content? There has to be something going on with this company. Check the recent company announcements and share something of interest in this thread.

 

[bigdog]

According to a note out of Bell Potter, its analysts have retained their buy rating on this uranium producer's shares with a reduced price target of $2.90. This follows the release of guidance for FY 2026.

Bell Potter notes that its guidance for production of 1.6Mlbs was well short of its estimate of 1.99Mlbs and also the market's estimate of 1.7Mlbs. However, while this was disappointing, it believes the post-update selloff has created a buying opportunity for investors. It also notes that it takes the view that uranium prices will continue to rise over the coming years.

This is good news and would provide margin relief for Boss Energy should its production costs remain elevated. The Boss Energy share price is trading at $1.81 today.

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[Antirnator]

Do you think you could add a sentence or two of meaningful content? There has to be something going on with this company. Check the recent company announcements and share something of interest in this thread.

Sorry, was emotional at the time. As Sean K said the -40-50% collapse is not really justified by the report. I think it will bounce back quickly once the noise settles down from the doomsayers as they turn to other drama. Yes, JP Morgan did sell out, butI think there will be a quick recovery from a $2 drop especially given that the Uranium prices are predicted to rise because of growing demand. Essentially, loss of confidence caused the drop and people will buy back in for a limited rise. Boss may have to present some good news soon given the dramatic drop.

 

[Garpal Gumnut]

Sorry, was emotional at the time. As Sean K said the -40-50% collapse is not really justified by the report. I think it will bounce back quickly once the noise settles down from the doomsayers as they turn to other drama. Yes, JP Morgan did sell out, butI think there will be a quick recovery from a $2 drop especially given that the Uranium prices are predicted to rise because of growing demand. Essentially, loss of confidence caused the drop and people will buy back in for a limited rise. Boss may have to present some good news soon given the dramatic drop.

I have invested in/traded uranium stocks. There is always volatility around the sector, particularly to the downside due to the risk of accidents close to major population centres. Because of this, any news of a consequential nature, such as a rise in operating costs will cause a rapid fall in their stock prices. The price to which it falls can last some time, before recovery operating updates would in any other sector cause a rise.

gg