BML 4.76% 10.0¢ boab metals limited

Ann: Assays Confirm Drilling Success at Sorby Hills, page-200

  1. 1,751 Posts.
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    Manbarrum purchase is likely to lead to a zinc circuit being added which will add a lot of value once Sorby Hills plant is up and running, having 3 metals gives some nice diversification and all nicely timed for the coming commodity bull market and the beauty of it all is we don't have to pay for much of the infrastructure and a road already built to Manbarrum which greatly boosts the economics of shipping ore to Sorby Hills from Manbarrum. The best part is NAIF will be able to provide funding for 2 projects one in WA and the other in NT so in mybook just increases the chances further of a favourable outcome from NAIF.
 
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