BML 0.00% 10.5¢ boab metals limited

Silver + lead, page-89

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    I asked Simon Noon this a while ago and this was his answer:

    ”The major focus for the last drill program was to recover metallurgical samples from the Norton deposit. The testwork program is ongoing but should an increase in recoveries be achieved, then the stronger cash flows would be incorporated into the FEED Study. This would also support a re-optimisation and new mine plan for the Norton deposit to target a larger pit with increased reserves going forward.”

    I expect that drilling to date might add some resources and increase confidence, but from recent commentary it does sound like defining a resource at Keep is where they hope to significantly increase resources and make a new MRE worthwhile.

    H



 
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