Read a nice article yesterday outlining the upcoming drilling...

Read a nice article yesterday outlining the upcoming drilling for BOAB. Extracted a few nice quotes:

"Sorby Hills would churn out 50,000t of recovered lead and 1.5Moz recovered silver per annum, generating an average of $75m a year in EBIDTA."

"At assumed lead prices of $2095/t and silver prices of $21.10/oz, that would pay back its owners in 1.6 years."

"But exploration upside has already shown the potential for Boab to increase the scope"

"That upside had Sydney research equity house Rawson Lewis recently place a 73 cent valuation on Boab shares, with a target of 85 cents, about twice its current trading value."

"The current campaign will see Boab venture beyond the existing Sorby Hills resource, drilling down on prospective targets it has yet to touch in the three years Sorby Hills has been on its books."

"Boab also has diamond drilling for its earlier stage Wildcat target as well as regional exploration at its recently acquired and wholly owned Eight Mile Creek project on the cards.“With our metallurgical and geotechnical drilling complete, a current mine plan underpinned 92% by reserves and nearly A$14M in cash on hand, we are in a great position to aggressively focus drilling metres toward adding tonnes and grade to our Sorby Hills mining inventory and testing the blue-sky perspectivity of our Eight Mile Creek Project,” Boab MD Simon Noon said."

Great work.