BML 0.00% 9.1¢ boab metals limited

Ann: Fully Underwritten $5m Placement and Entitlement Offer, page-7

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    “We are confident of finalising our offtake arrangements and FEED Study over the coming
    months. Whilst modest in size, the capital raising will allow us to effectively leverage the outcome
    of these milestones into our project financing and project execution workstreams. The funds
    raised will also support a drilling program, including Boab maiden drilling at our Manbarrum
    Zinc-Silver-Lead Project located 25km east of Sorby Hills. The Boab Board strongly encourages
    existing shareholders to take up their rights under the entitlement offer and participate in what
    is shaping as an exciting period for the Company.”

    Guess its all part of the plan. Another resource that was valued at over $50 million at KBL. Joe must be happy with his work. Big brown paper bag coming and vamoosh gone.
 
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