Boss Energy Limited announced that the company's board of directors has made a Final Investment Decision to develop the Honeymoon Uranium Project in South Australia. The decision means that Boss will now accelerate construction, ensuring Honeymoon remains on track for first production in the December quarter of 2023, ramping up to a steady-state rate of 2.45Mlb of U3O8 a year. The forecast AUD 113 million capital cost of the development (including contingency) is fully-funded.

The company raised AUD 125 million via a share placement and share purchase plan in March 2022. The company also holds a strategic 1.25 million pound uranium stockpile valued at USD 59.38 million.