Boab Metals Ltd (AU:BML) has released an update.
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Boab Metals Ltd is poised for full control of the Sorby Hills Lead-Silver-Zinc Project after executing an option agreement to acquire the remaining 25% stake from its joint venture partner. This strategic move aligns with the company’s plans to enhance project financing and development, potentially increasing its share of lead-silver concentrate output. With successful drilling and ongoing offtake negotiations, Boab is strengthening its position in the resource market.
For further insights into AU:BML stock, check out TipRanks’ Stock Analysis page.