Boss Energy Q1 FY27 slides: uranium output steady amid cost transition
Boss Energy Limited, an Australian uranium producer listed on the ASX and OTCQX, reported its Q1 FY27 results on October 28, 2026. The company's shares rose 8.67% to $1.473 following the presentation, which highlighted a steady uranium output amid a transitional period as the company shifts to a lower-cost wellfield design. Boss Energy maintained a steady production of 359,000 pounds of drummed uranium, down marginally by 0.8% from the prior quarter, while ion exchange production declined 9.2% to 337,000 pounds.
The company's debt-free balance sheet of A$194.9 million in cash and liquid assets has positioned it to fund its wellfield transition organically. Despite cost increases during the transition period, Boss Energy maintained its FY27 production guidance of 1.25 to 1.30 million pounds and reported revenue of A$35.2 million on sales of 301,000 pounds at a realized price of A$117 per pound.
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