BOAB METALS LIMITED (ASX:BML) - Ann: Financiers Undertake Sorby Hills Site Visit, 56639654, page-10 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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07/10/21

17:02

Post #: 56639654
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Originally posted by Verily1: ↑

This announcement is positioned as not price sensitive. However, the reality is its of great importance. Many projects can't attract financing at any price and those that do, like Galena, are paying very high interest rates.

The fact that Tier One lenders are willing to fly to Kununurra in order to visit Sorby Hills speaks to the fundamental strength of this projects financial metrics. And consider this - they have gone there surrounded by their competitors. Its a neat way of creating competitor tension.

Many of us on these threads have analysed and discussed the strength of this projects financial metrics - what we now have is independent Tier One lenders confirming by their actions how strong the financial metrics are.

We know that BML is an - Institutional Scale, Investment Grade, Money Making Machine. And we now know - they agree.

Happy Days TeamBoab

V

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BML Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
18 Upvote

2 Great analysis

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