ASX:BOEOil and Gas
Why Boss Energy (ASX:BOE) Is Down 27.6% After Withdrawing Its Honeymoon Feasibility Study Reset
Boss Energy has withdrawn its 2021 Enhanced Feasibility Study for the Honeymoon uranium project after a recent review uncovered materially incorrect assumptions on future production, mineralisation and costs, prompting a reset of its long-term development plans.
The company is now fast-tracking new work programs, including a wide-spaced wellfield design and updated studies through 2026, aiming to reconfigure Honeymoon’s operating profile and potential mine life while relying on its existing...