Boss board is pushing forward with a restart of the Honeymoon uranium site in South Australia, ambitiously looking toward production in the next 18 months.
This will be funded by the $125M capital raise 2 months ago.
Once back the project is expected to sun 2.45Mlb uranium oxide per annum at an all-in sustaining cost of US$25.60/lb over the current 11 year anticipated mine life.
Boss is also sitting on a 1.25 Mlb stockpile valued at almost US$60M based on the current spot price.