Boss now expects to complete this work early in the new calendar year, positioning it to start detailed design work and order long-lead items. The rapid progress on the FEED work comes against the backdrop of a rising uranium spot price, which hit a six-year high of
This inventory is now worth
'We have a plant on care and maintenance, other significant production and storage infrastructure in place, we have formed an Owner's Team to restart Honeymoon and we are moving through the FEED stage rapidly'.
Front End Engineering Design
Boss is currently completing the process design, and finalising site layouts and arrangements with certified vendor data for Honeymoon. FEED is expected to complete early in the March quarter, 2022, which will allow detailed design to commence immediately after a Final Investment Decision (FID) for Honeymoon's restart is made.
Contact:
Tel: +61 (08) 9388 1474
Forward-Looking Statements
This announcement includes forward-looking statements. These forward-looking statements are based on the Company's expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties, and other factors, many of which are outside the control of
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