Boab Metals Ltd (AU:BML) has released an update.
Boab Metals Limited reports significant improvements to its Sorby Hills Lead-Silver-Zinc Project, with increases in net cash flow and NPV from previous studies. The FEED study proposes a capital expenditure of A$264M and anticipates robust pre-tax cash flows and EBITDA, enhancing the project’s appeal for debt financing and moving closer to a final investment decision. These updates reflect optimized processes and mining schedules, particularly for the high-grade Norton Deposit, and a revised tailings strategy.
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