BOE - Boss Energy

[houtman]

The latest episode of Money of Mine has a segment on BOE that holders should find worth a listen.

Personally i find the URNM ETF to generally be a much more relaxing hold than the various ASX companies, BOE, PDN, PEN etc.

Although I did sell it as soon as I heard of the Tsunami alert a couple of days ago, it can be a nervous commodity.

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.

The "Follow the money" axiom still holds up.

 

[Sean K]

No signs of a recovery as yet or even a dead cat.

Dunking Crab timed his exists to perfection.

 

[ShareSuccess]

 

[houtman]

Diggers and Dealers started today. There's a few presentations on the D & D YouTube channel already, 1 being BOE.

Boss a no-show for media grilling as Paladin faces the music

The chief of Boss Energy has shied away from media scrutiny while his incoming counterpart Paladin Energy braved a press pack following a bruising month for both uranium majors.

thewest.com.au

 

[Antirnator]

How low can BOSS go?

 

[countrylad]

Not looking good

 

[Sean K]

There's a lot in that letter. Just scanning it, it seems continuous disclosure of costs is of major concern.

 

[frugal.rock]

A bit frisky upwards this morning I see.
Bought some last week for the Superannuation fund at $1.70
Probably a long hold...over a year expected.

 

[ShareSuccess]

Does anyone think that uranium is about to run?

i'm considering jumping into BOE & PDN as i can see some nice upside should Uranium decide to Run!

 

[frugal.rock]

ASX Release
August 29, 2025

FY2025 Financial Results

Boss Energy Limited (ASX: BOE; OTCQX: BQSSF) is pleased to report strong financial and operating results for the financial year to 30 June 2025 (FY2025).
This was Boss’ first full financial year of production at its Honeymoon and Alta Mesa uranium operations.

The highlights of the results, which are reported in the FY2025 Annual Report, include:

• Positive operating net cash from operating activities of $17.4 million.
• Strong balance sheet with $224.3 million of cash and liquid assets and zero debt.
• Uranium inventory of 1,409Klbs following accumulation of an additional 130Klbs.
• Average realised price of US$78.4/lb, including loan repayments.

Boss Managing Director Duncan Craib said:
“Boss is in a very strong financial position with $224.3 million in cash and liquid assets and no debt.
The Company generated positive free cashflow of $17.4m from the first year of production at Honeymoon.
This is an outstanding result which reflects Boss’ potential to grow cash as we deliver on our increased
production guidance for FY26”.

 

[bigdog]

According to a note out of Bell Potter, its analysts have retained their buy rating and $2.90 price target on this uranium producer's shares.

Bell Potter notes that there is a significant overhang currently, with its production beyond FY 2026 largely unknown following recent comments made in its guidance statement.

And while it is yet to hear any further updates from management on this, Bell Potter suspects that management is working towards a solution or at least an update as to the path forward.

As it stands, the broker is assuming production remains broadly in line with its FY 2026 guidance for FY 2027.

As a result, it thinks there's plenty of value on offer here for investors.

The Boss Energy share price is trading at $2.01 this morning.

 

[Sean K]

According to a note out of Bell Potter, its analysts have retained their buy rating and $2.90 price target on this uranium producer's shares.

Bell Potter notes that there is a significant overhang currently, with its production beyond FY 2026 largely unknown following recent comments made in its guidance statement.

And while it is yet to hear any further updates from management on this, Bell Potter suspects that management is working towards a solution or at least an update as to the path forward.

As it stands, the broker is assuming production remains broadly in line with its FY 2026 guidance for FY 2027.

As a result, it thinks there's plenty of value on offer here for investors.

The Boss Energy share price is trading at $2.01 this morning.

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Still has 20% of it's stock shorted. Not sure why they held on after the capitulation.

A dead cat might have shaken those shorts off, but the cat might need to bouncy bouncy a little higher than it did last week.

 

[DannyB0000]

Still has 20% of it's stock shorted. Not sure why they held on after the capitulation.

A dead cat might have shaken those shorts off, but the cat might need to bouncy bouncy a little higher than it did last week.

Shorters must be convinced BOE is only heading in one direction and the rally for uranium is only short term. Of course if there pessimism is wrong and BOE starts climbing higher instead they will lose more than their shirts I’d rather be long with shares. The spot price for Uranium is still climbing higher.

 

[countrylad]

 

[countrylad]

From what I can understand with Boss was from the last results there is an issue with the continuing mineralisation grade to get to nameplate with the agreed well plan.

If this happens they may need to drill more wells to get the tonnage, this will cause AISC to rise, if there is no additional rise in forward contracted price, I believe it will become an issue. if however the contract and spot price continue to rise it will mitigate an increase in the AISC.

 

[StockyGuy]

Hmmm I'm not in BOE and never have been - though it took all my strength to not jump in out of FOMO when its price was smashed in late July. But looking at the 1 year chart it looks like there's a good thesis for recent buyers AND still a good thesis for killjoy short sellers - it has not recovered much. The ones I feel for are those holding the bag after buying in above $4 It just really hasn't recovered very much... But then it's always been a bouncy bouncy stock. Buyers can certainly afford to be much more patient then short sellers.

 

[frugal.rock]

But then it's always been a bouncy bouncy stock

Bouncy bouncy™©® by @finicky

Need to pay a yearly licence fee to use the term and must display the obligatory icons.

 

[frugal.rock]

Good to see BOE still applying pressure on those horrible shorters.