Australia's Boss Energy tumbles on flagging higher Honeymoon costs

Boss Energy

28/07/2025 01:49

** Boss Energy BOE.AX tumbles as much as 39.4% to A$2.060, marks biggest intraday pct loss since April 2008

** Stock hits lowest since March 11

** Uranium miner sees higher costs for its Honeymoon project in FY26 due to decline in average tenor

** Flags operational headwinds for Honeymoon due to "potential for less continuity of mineralisation" for FY27 and beyond

** About 15.1 million shares traded, 2.4x the 30-day average

** YTD, BOE falls ~10%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))