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HomeFinTechBoab Metals: Confirms demand for lead-silver concentrate from Sorby Hills

Boab Metals: Confirms demand for lead-silver concentrate from Sorby Hills

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  • Boab Metals (BML) has reported a strong global demand for lead-silver concentrate from its 75 per cent-owned Sorby Hills Project in WA
  • Boab owns a 75-per-cent-interest in the lead-silver-zinc project, with China-based Henan Yuguang Gold & Lead Co holding the remaining 25 per cent
  • The discussions have confirmed the demand for a high-value concentrate product in line with specifications detailed in last year’s pre-feasibility study
  • A DFS expected to wrap up next quarter, by which time offtake discussions and a competitive tender process will resume
  • The tender process also will seek interest from a a wide range of potential offtakers
  • Company shares are up 10.8 per cent and are trading at 41 cents

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