BML 4.76% 10.0¢ boab metals limited

Ann: Clarification - Drilling Underway at Sorby Hills Project, page-43

  1. 617 Posts.
    lightbulb Created with Sketch. 374
    " The Company will continue to explore options in relation to securing financing from one or more customer(s) for theProject, as discussions progress in relation to securing binding offtake commitments. Given the favourable Projecteconomics demonstrated by the PFS, and the strong demand for offtake that is currently being indicated by potentialcustomers, the Company believes that the Project has the capacity to attract a reasonable level of debt funding. Inaddition, the Company may also consider developing the Project in conjunction with one or more strategic partners atthe project level.......

    Production of marketing samples – Lead – Silver concentrate samples have been requested in response toenquiries from potential partners to further promote the exceptional concentrate production potential of theSorby Hills Project. "


    High concentrate = HIGH demand (Which can benefit the company providing options/leverage when seeking funding)
 
watchlist Created with Sketch. Add BML (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.