BML 7.62% 9.7¢ boab metals limited

Cap raise isn’t overdue. It will come but not before March 2024...

  1. 12,062 Posts.
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    Cap raise isn’t overdue. It will come but not before March 2024 imo. Read latest quarterly, still 2 quarters of funding remaining (3mil in the kitty). Directors also took a 20% pay cut which helps the bottom line.
    key line - “Based on Boab’s current cash position and estimated cashflow forecasts, the Company is sufficiently funded well into 2024.”
 
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