BML 4.76% 10.0¢ boab metals limited

Coiled up tighter than a spring, page-8

  1. 851 Posts.
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    This is a repost, but for newcomers there is a report from Euroz covering Pacifico/PMY put up an updated version of the report at the end of October 2019.

    It's completely out of date now of course since it doesn't account for the latest drilling results or the wildcat drill holes which will probably further expand the existing primary tenement. So note that this report does not cover wildcat drill holes, and it does not cover the strategic expansion of the massive Eight Mile Creek tenement that was added and announced a few days ago.

    Click here for the report from the 31st October

    @georgetownd said his favourite part was

    Analysis: The resource upgrade was well ahead of our expectations – especially a >50% increase in the Indicated Resource. We were hoping for a 3-4mt increase so a 5.8mt increase is a terrific result. This increase may result in a increased mining rate/plant throughput to say 1.5mtpa which could increase Pb production by 50% to ~ 45kt of Pb pa and 1.5moz of Ag. The optimal economics will be determined in the optimised PFS which is due in Q1 CY’20.

    https://hotcopper.com.au/data/attachments/2115/2115856-eb9c9ce3577059559fc98e6fa3a3cfbe.jpg
 
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