Morgans are the largest broker in Australia and I would assume after this they will be providing coverage on BML and most likely want a good market response to this raising so will be doing there best to impress Boab Metals directors so that when the big capital raise comes for funding the Sorby Hills project they are involved in the big capital raising.
Is anyone a Morgans client ? be interesting to see what the Morgans Analysts are saying about lead, zinc and silver prices and any research they post on BML.
Ann: Fully Underwritten $5m Placement and Entitlement Offer, page-11
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