BML 0.00% 10.5¢ boab metals limited

Ann: Quarterly Activities / 5B Cashflow Report, page-6

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    spendit

    Delivered on time last day like many companies.

    Confirms FEED study on track for release this June quarter including metallurgical recovery improvements.

    Simon says they are confident the results of all the current workstreams and cost improvements will enhance the project's economics and "further derisk project execution". Good to hear.

    This is the best bit is "FEED to be delivered this quarter and "furthermore closing out offtake negotiations and other excitingh initiatives"!!

    Does he mean signing offtake agreements this quarter? Exciting initiatives?? Perhaps funding from off takers including our 25% Chinese partners? Or a selldown of project equity to help with funding???

    H
 
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