Boss Energy Has More Work to Do to Convince Citi on Revised Approach -- Market Talk
Dow Jones
May 01
2315 GMT [Dow Jones]--While confidence is building in Boss Energy's new approach to its Honeymoon uranium mine, more technical clarity is needed to drive a re-rating in its shares, Citi analyst Tom Wallington says. Boss "talked up its sophisticated data-driven approach to inform the revised development" alongside its 3Q production result, says Wallington. But he says Citi remains cautious. "We will need to see more evidence to de-risk the revised concept," he says. Citi has a neutral rating and A$1.60 target on Boss. Shares ended Thursday at A$1.39. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
April 30, 2026 19:17 ET (23:17 GMT)
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