BML 6.90% 13.5¢ boab metals limited

Ann: Sorby Hills DFS Metallurgical Testwork Results, page-3

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  1. 3,192 Posts.
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    These are detailed and encouraging test results and further enforce the economics (or derisk) for Sorby Hills. I'm sure the funders will be encouraged by this.

    They also know the processing option (treat the 2 ore types separately) that will provide the best recoveries and will now build that into their plant design. Which is "Anticipated to have a positive impact on Project economics".
    It good to see they used a large number of samples (28) across all of their designated pits (as per the PFS) with variable soil composition aswell.
    They also broke down the samples into when in the planned mining schedule (Table 2) the recoveries will be recognised (like I that level of detail).


    Summary of Flotation
    https://hotcopper.com.au/data/attachments/3810/3810690-84e19320a195641183918564d55bae22.jpg
    As a note 83% of their Ore in the current 10 year mine plan comes from Fresh Ore (17% from Oxidised). So that 8.8% uplift in the silver recoveries for the 'Fresh Ore' presents grounds for the improved economics.


 
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