BML 4.76% 10.0¢ boab metals limited

Ann: Drilling Commenced at Sorby Hills, page-15

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    in the DFS they have 8.5 years as production using 2.25 MT per year, perhaps the banks want to see reserves of 10yrs in their calculations which should be very achievable but just need a few extra holes at Nortons to get holes closer together for confidence and if drilling can improve metallurgy recovery rates all the better, one suspects they believe metallurgy results to date in Nortons are a bit low but they figure they know why and probably an anomaly in limited section they had done metallurgy tests on and that further drilling will show the true recovery on average over Norton deposit.
 
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