BML 7.69% 14.0¢ boab metals limited

Ann: Accommodation Camp Secured for Sorby Hills, page-14

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  1. 12,116 Posts.
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    A judicious step by the BML board. Whilst I am slightly impatient at the speed at which BML is moving overall, this is another small step which reduces costs and potentially reduces the overall build time when FID is finally made.

    For those interested, BML has acquired the camp due to a Gold project in NT being mothballed (and... due to environmental issues, 'bat's), its never going to reopen.

    https://www.abc.net.au/news/rural/2020-03-11/kirkland-lake-gold-shuts-nt-cosmo-gold-mine-250-jobs-lost/12044958

    Looking forward to seeing what else the BML can achieve whilst waiting for capital costs to reduce globally.
 
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14.0¢
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