Boss Energy's (OTCQX: BQSSF) Honeymoon uranium project set to commence production in early 2024 (w/ Duncan Craib)
Boss Energy (ASX: BOE) (OTCQX: BQSSF) managing director Duncan Craib joins Small Caps to discuss the company's significant developments at the Honeymoon uranium project in South Australia.
The company this week has passed another key milestone in the development of the project with start-up wells yielding production-grade uranium.
That development confirmed Boss is on track to fill the Pregnant Leach Solution (PLS) processing ponds at Honeymoon by the end of this calendar year.
The Honeymoon development goal is to fill the PLS pond in preparation for commissioning the IX circuit in January with the first drum of uranium on track to be produced as planned in Q1 2024.
Importantly the supporting infrastructure is operating to design specifications, including the raw water system, the 25,000 ton gypsum repository, reagent handling systems and first fills of key reagents.
All critical path items remain on track for delivery in line with the project schedule, with more than 279 procurement packages issued.
The looming Honeymoon start-up comes at a time when the uranium price recently hitting a 15-year high and the debate to include nuclear in the Australian energy mix is becoming increasingly positive.
Articles:
https://smallcaps.com.au/boss-energy-captures-trace-uranium-start-up-wells-honeymoon-project/
https://smallcaps.com.au/boss-energy-drills-satellite-deposits-increase-resource-base-honeymoon-uranium-project/
https://smallcaps.com.au/boss-energy-kicks-off-mining-activities-honeymoon-uranium-project/
For more information on Boss Energy:
https://smallcaps.com.au/stocks/asx-boe/
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- Show
- PublishedDecember 3, 2023 at 10:08 PM UTC
- Length13 min
- RatingClean