BML 10.0% 11.0¢ boab metals limited

Ann: Sorby Hills FEED Study Results, page-4

  1. 870 Posts.
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    Finally.

    This is good - they've tried to address the issues the financiers were obviously having which is the confidence of the payback period, and they've also demonstrated (cheekily) an example of the project metrics based on current spot.

    This still doesn't guarantee favourable finance terms though. Offtakes next, and then hopefully decent conditions for the big $240m facility, which will probably be split across 2 lenders.
 
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