BML 0.00% 9.6¢ boab metals limited

Lead: The Versatile, Valuable and Surprisingly Sustainable Powerhouse Metal, page-18

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    Just watched the interview. Interviewer not the best and I dont think PR/media is Simons strong suit either (although I'd rather that be a weak point than project execution).

    Along your lines F&B, what was confusing to me was the comment re DFS " .... still a fair bit to go over the next couple of months". My understanding from previous announcement re delay DFS and also a conversation with Simon, was that the delay was due to getting real reliable pricing for parts of the mine build (PS: It seems this is continuing, now 3 months later, because Simon said they are still " .... trying to drum up interest from contractors to go through that pricing stage, with a view to a future contract").

    What I would have expected is more along the lines "all the DFS work that can be done is done, and we are just waiting for a few key tenders/contracts/quotes to be received. Once we have those costs it will simply be a matter of plugging them into the model and we will be right to release the DFS." ...... and perhaps a follow up "If commodity prices and offtake contracts stack up as we hope they will, then we expect to immediately proceed to mine development".




 
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