WillInvest1970 thanks for posting this podcast, well worth a listen, Simon Noon sounding very enthusiastic.
What if a hidden treasure could reshape Australia's mining future? Join us on ASX Briefs as we sit down with Simon Noon, Managing Director of Boab Metals Limited, to uncover the groundbreaking developments at Sorby Hills in Western Australia's Kimberley region. With its proximity to Kununurra and robust local infrastructure, Sorby Hills is poised to be a game-changer. Simon reveals the details behind the recently completed front-end engineering design study, which has significantly enhanced the project's feasibility and economic potential. Learn how strategic adjustments to the mining schedule and the adoption of a traditional tailings facility have set the stage for success.
In this episode, Simon also shares the extraordinary discovery of zinc at Sorby Hills, unlocking new dimensions for future drilling programs. We discuss Boab Metals' strategic acquisition of Henan Yuguang's 25% stake, streamlining ownership and easing financing, and the exciting potential of Sorby Hills' silver deposits to position it as a leading silver producer in Australia. Listen as Simon outlines the key milestones for the next 12 to 18 months, from finalizing approvals to securing offtake agreements, and advancing towards the pivotal Final Investment Decision (FID). With its low-risk, high-reward profile, Sorby Hills is set to make waves in the metals market.
BML Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)