Boss Energy Limited BQSSF 2026年第四季度财报及可行性研究电话会议纪要

发布时间：2026-08-29 一、AI总结内容 一、核心要点 1. Boss Energy FY2026营收翻倍至1.511亿澳元，实现净利润250万澳元，全年无债务，现金及流动资产达2.073亿澳元，铀库存158万磅，库存市值约1.95亿澳元。2. 新可行性研究确认蜜月矿项目具备长期经济开采路径，采用宽间距井场设计，未来9年计划产铀1380万磅，作业成本大幅降低，全生命周期维持成本较此前设计减少约30美元/磅。3. FY2027为过渡期，计划产铀125-130万磅，C1成本指引51-56美元/磅，全生命周期维持成本指引83-92美元/磅，维持性资本支出3300-3700万澳元。4. 宽间距井场设计减少46%井数、54%井场数量，平均停留时间从80天增至150天，铀回收率从80%提升至90%，单位井产量翻倍，平均品位提升28%。5. 能源修复传输建模作为核心技术工具，取代传统假设，将根据实际运营数据持续校准，团队有信心其准确性。 二、投资线索 1. 蜜月矿水处理器项目分两阶段扩容，第一阶段FY27初完成，第二阶段FY28末完成，为新井场建设提速的核心。 2. Goulds Dam和Jasons矿床具备类似蜜月矿的铀矿特性，合计铀资源4500万磅，是未来产能扩张的潜在支撑，预计2-3年完成许可。3. 目前公司铀库存充足且 strategically 未签长约，可灵活把握销售时机，受益于铀价上涨。 三、风险与关注 1. 水处理器项目扩容进度为产能提升的主要瓶颈，仍有优化空间以提前投产。2. 新井场运营数据需持续积累以验证能源修复传输建模的准确性，资源模型推断部分比例较高。3. Goulds Dam和Jasons矿床的开发需投入额外资本，开发节奏及成本存在不确定性。 二、音频原文（转写） And welcome to the boss energy f y twenty six results and new feasibility study all participantsare in a listen only mode there will be a presentation followed by a question and answer session if you wish to ask the question you will needto press the star key followed by the number oneon your telephone keypadin the interests of time participants are requested to limit the numberof questions to two per turn if you have additional questions you are welcome to rejoin the cueand will be able to ask further questions if ti me permitsif we run out of time and do not havetime for your question we ask that you please call our office on zero eightsix two six three four four nine four or email boss at boss energy dot com and speak to our team i would now write tohand the conference over to mr matt doosey managing director and chief executive officer pleasego aheadthanks k good morning everyone and thank you for joining to that conference call this marks an important milestone for boss energy we are pleased to be presenting our f y twenty six financial resultsthe new feasibility study and updated mineral resource estimate for the honeymoon deposit annal f y twenty seventh guidance.We'll leave specific amount of information to day during this call we'll take you through some of those key outcomesjoining me on the call this morning as justin led our cfo and olivia renot aheadof technical services and planning olivia joined boston september last year bringing extensiveinternational uranium is our experience to the businessolivia of the sand across the use to givea story production.Have more than fifteen yearsof experience in uranium in recovery.We specified special in which we design regulative transport modern and the optilivision of isa operationsbefore joining both energy i spent most of my career within orano minim where i had a range of septical enlargment position and walk on isa operations and develop on projects internally intending the catco persian kadaxan and projects in zekissan and movriai am very pleased to be battlewith both seamen to contribute my science of deliverment of honeymoon and both other projects and look forward answering any of your question again of this presentationthanks olivia it's great to have olivia as part of the boss complimenting our strong operational technical capacity that we have in south australiaas we can see throughout today's presentations strengthening our technical capacity and deepening our understanding of the honeymoon deposit and how we mine it effectively as being central to the work of being completing this yeari just turn to slide too whichis our disclaim the slide.I'll just draw you toattention to some cautionary statements on hisslide particularly a relationship to ah targetsof production on his third and indicated mineralresourcealso unless otherwise stated all currency amounts for third and if today's presentationare in australian dollars.Turning to slides freef y twenty six was a significant progress in which we made material strengthen the foundationsof our business.To day's presentation is strutted around three t areas first our f y twenty sixfinancial results.With doubled revenue deliveredour first year a positive free cash flow and further strength of our debt debt free balance sheep and we did this in a capital intensive yearsecond the new feasibility study the nfs is the combination of an enormous amount of technical work and confirms a road bus pathway for continuedeconomic uranium production and honeymoonimportantly establishes a fundamental improved well filled design and cost structure unductimed via operating experienced advanced modelling and deeperunderstanding of the depositthird f y twenty seven guidants.F y twenty seven is a transitionalyear it builds the foundations for honeymoon's production ramp up and long term value that follows we will regressively move from the legacy welfare design to a new wide space designi'll talkabout our capital allocations choices behind this profilein his presentationboss enters s y twenty seven with a strong balanced sheep a robust plan for honeymoon significant opportunities foroptimization and exciting growth options while being strategically levered to a stre