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6.82% 10.3¢ boab metals limited

Ann: Fully Underwritten $5m Placement and Entitlement Offer, page-4

  1. PhillW
    3,026 Posts.
    lightbulb Created with Sketch. 1144
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    03/05/24
    10:17
    Post #: 73645482
    Is that a 50M share capex? If so, then that is around a 27% dilution. Looks like they are after the zinc which is over A$2/lb at Sandy Ck of which jorc details are below

    https://hotcopper.com.au/data/attachments/6144/6144327-50524b4acb96d630b96a07fe2a342b40.jpg
    Last edited by PhillW: 03/05/24
    BML Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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