Boss Energy (ASX:BOE) maintained that it is on track to meet its fiscal 2025 output guidance for its Honeymoon uranium project in South Australia, with commercial production in effect since Jan. 1, according to a Wednesday filing with the Australian bourse.
The company has set a full-year production guidance of 850,000 pounds of uranium for the project.
During the December 2024 quarter, the company drummed 137,084 pounds of uranium and produced 215,319 pounds of uranium equivalent in NIMCIX columns 1 and 2. This represented 55% and 96% quarter-on-quarter increases, respectively.
The company also published its maiden C1 cost guidance for Honeymoon, which was AU$37 to AU$41 per pound for the second half ending June 30.