Ann: Corporate Presentation, page-8

Has Regal Funds completely sold their holding in Boab Metals ?
Looking at the presentation as at 24/10 Citibank Nominees holds 4.25% which is the holding company that Regal Funds appear to have held there stake in BML and this nominee account holds for more than 1 company on the register and before Regal recently purchased 13.5 Million shares at 10 cents in the recent capital raise 29/5 another holder had approx 3.00% as at 17/4/24 which indicates to me that as at 24/10 Regal Funds may only be holding approx 1.25% and there has been someone selling over the last week which was probably Regal Funds and it is possible they may have by now be completely sold out of BML.

There has been very large volume going through the last 2 weeks or so, some of which was obviously Regal exiting at a tidy profit and with them most likelygone the handbrake could finally be released. If they hadn’t been unloading millions of shares we could be well into the 20’s but now they are probably gone from the register a decent rise in silverfrom here will have new investors scrambling to get hold of stock in any decentquantity imo.

Regal Funds are well known for taking quick profits on holdings when the opportunity arises.