BML 7.41% 14.5¢ boab metals limited

Ann: Investor Presentation, page-15

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  1. 251 Posts.
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    Why would they plan more drilling when they can't even get a DFS finished that is 6-12months overdue?
    Surely that drilling gets left until they have finance locked in.

    That $6mil is not going to last long if them want to start awarding contracts for early works and actually getting work on the ground done this dry season.

    I am very worried about funding prior to finance being sorted. I would think they need to undertake a raise when they get close to $2million left in bank to have suitable cash reserves. So really only $4mil to spend. Any thoughts on this?

    DFS and finance shortly after will be the catalyst for the share price surely IMO

    There is no finance mentioned under the upcoming news flow and milestones either..
 
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