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Boab Metals Greenlights Sorby Hills as It Shifts From Development to Project Delivery

Story Highlights
  • Boab Metals approved the Final Investment Decision for Sorby Hills, marking a shift from development to project delivery with first production targeted in H2 2027.
  • In 2025 the company cut capital costs, bought the DeGrussa plant, secured full ownership and funding, strengthening execution and leveraging strong silver markets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boab Metals Greenlights Sorby Hills as It Shifts From Development to Project Delivery

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Boab Metals Ltd ( (AU:BML) ) has shared an update.

Boab Metals has capped a pivotal year by approving the Final Investment Decision for its Sorby Hills Silver-Lead Project, marking its transition from a developer to a project delivery organisation. During 2025, the company reduced forecast capital costs through engineering and optimisation, secured key approvals, acquired the DeGrussa process plant to cut capex and execution risk, and moved to full ownership of Sorby Hills, while locking in both equity and debt funding to underpin construction and target first concentrate production in the second half of 2027 amid supportive silver market conditions.

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 is a Western Australia-based base and precious metals company focused on advancing the Sorby Hills Silver-Lead Project in the East Kimberley. The project, located near Kununurra with sealed-road access to Wyndham Port, is fully funded, and Boab is moving to 100% ownership of Sorby Hills, positioning the company to leverage favourable silver and lead market fundamentals and deliver long-term shareholder value.

Average Trading Volume: 2,937,690

Technical Sentiment Signal: Buy

Current Market Cap: A$159.7M

See more data about BML stock on TipRanks’ Stock Analysis page.

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