Boss Energy Limited
Boss Energy owns 100% of the Honeymoon ISR uranium mine in South Australia (restarted 2024, ramping toward 2.45Mlb pa) and holds a 30% interest in the Alta Mesa project in South Texas. Cash of A$62.19 million against immaterial debt of A$410,000 leaves a strong net cash position.
Notable vs. Peers
- Financials score of 10/10 is stronger than the peer average of 5.2/10.
Lifecycle Milestones
Construction Milestones
5 of 5 reached- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
- Apr 2024 · Source
- Jan 2025 · Source
Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.
Not in place: tailings facility. Not yet determined: road access.
Jurisdiction (40%)9/10
South Australia: Fraser PPI 2025 is 85.47 of 100 (rank 16 of 68), which maps to 9 on this site's scale. South Australia — a top-tier, well-established mining jurisdiction.
Infrastructure (40%)7.1/10
A confirmed mill, confirmed grid power, and no confirmed tailings facility at Honeymoon Uranium Project, South Australia; road access not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)8.7/10
White Dam (Broken Hill Gold Ltd.) is 40 km away -- within regional-platform range.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:6/10
Nearest producing mine: White Dam (Broken Hill Gold Ltd.), 40 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:5.5/10
Stage: Production
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
Australia: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:4/10
Primary commodity: Uranium
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Financial Officer of Boss Energy Limited. Previously Manager Business Projects at Wesfarmers, where he held several senior positions over a nine-year career in business development, leading transaction and finance teams, scaling new businesses and other commercial and strategic roles. A Chartered Accountant who commenced his career at Ernst and Young and was also Strategic Finance Analyst and Capital Investment Analyst at Vodafone Ireland.
Managing Director and Chief Executive Officer of Boss Energy Limited, having joined the company in September 2024. Mining executive with over 25 years of experience across technical studies, project development, operations, strategy and leadership. For the preceding 10 years held several executive positions at IGO Limited, including Acting CEO, Chief Operating Officer and Chief Growth Officer, playing a major role in that company's growth and transformation; earlier held senior management roles within PMI Gold, Gold Fields and WMC Resources.
Chief HR Officer of Boss Energy Limited. Over 20 years of experience in the mining industry specialising in both human resources and legal functions, spanning copper, gold, coal, uranium, nickel, cobalt and chrome across South Africa, Namibia, Zambia and Central Africa. Track record in HR strategy development, organisational design, employee relations, learning and development, performance management and succession planning, and skilled in both labour and commercial law; previously spent 12 years at First Quantum Minerals in senior management roles.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No named institutional holder resolves to a specialist. Chairman Wyatt Buck and Managing Director Matt Dusci both bought stock on the open market within the last year, with no selling on record.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Boss Energy owns 100% of the Honeymoon in-situ recovery uranium mine in South Australia, which produced its first drum in April 2024 after a restart and reached commercial production on 1 January 2025, and it holds a 30% interest in the Alta Mesa project in South Texas. Honeymoon's Restart Area, covered by the current mine plan, holds 26,600,000 lb of U3O8 in measured and indicated resources, out of a total JORC resource of 71.6 Mlb. In the year to June 2026, uranium production rose 61% to 1.41 million lb at an all-in sustaining cost of US$42.7/lb (AUD 61/lb).
Honeymoon ISR uranium mine (South Australia, 100%-owned, restarted 2024, ramping toward 2.45 Mlb/yr) + 30% interest in Alta Mesa (South Texas). FY2026 guidance: 1.6 Mlb U3O8 from Honeymoon; Alta Mesa targeting 1.5 Mlb/yr at 100% (Boss share ~450koz/yr at 30%). A Honeymoon feasibility study is in progress (scoping study Q2 2026, final feasibility Q3 2026) but not yet complete -- no NPV/IRR/mine-life to cite yet.