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Boab Metals Ltd ( (AU:BML) ) has provided an announcement.
Boab Metals has announced that its shareholder Share Purchase Plan, opened on 18 December 2025, has been oversubscribed and will therefore close earlier than originally scheduled, now set for 5:00 pm AWST on 7 January 2026. The company said the accelerated closure is intended to minimise the scale-back of applications, with new fully paid ordinary shares under the plan expected to be issued and quoted on the ASX in mid-January, and thanked investors for their support as it moves into its next stage of development as a silver-lead producer.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
More about Boab Metals Ltd
Boab Metals Limited (ASX: BML) is a Western Australia-based base and precious metals company focused on advancing the fully funded Sorby Hills Silver-Lead Project in the East Kimberley. Located near Kununurra with sealed-road access to Wyndham Port, Sorby Hills is transitioning from development to construction following a final investment decision and full project financing, with first concentrate production targeted for the second half of 2027, positioning Boab as an emerging silver-lead producer aiming to leverage favourable market fundamentals.
Average Trading Volume: 3,156,049
Technical Sentiment Signal: Buy
Current Market Cap: A$237.5M
See more insights into BML stock on TipRanks’ Stock Analysis page.