Boab Metals (ASX: BML)
Shaw and Partners of Australia have issued a new research note on Boab Metals, with a BUY recommendation and a target price of […]
|Boab Metals||ASX: BML|
|Stage||Exploration + development|
|Metals||Lead, silver, zinc|
|Market Cap||A$50m @ 33c|
|Location||East Kimberley, WA, Northern Territory|
Boab Metals new Research Report published
Boab Metals (ASX: BML)
Shaw and Partners of Australia have issued a new research note on Boab Metals, with a BUY recommendation and a target price of A$1.02.
About Boab Metals
Boab Metals Limited (ASX: BML) is a Base & Precious Metals Exploration and Development Company based in Perth Western Australia. The project is focused on lead and silver, but has other metals.
The Company is edging closer to development at it’s 75% owned Sorby Hills Project following outstanding drilling success and a recent Resource update (44.9Mt at 4.3% Pb equivalent).
The Sorby Hills Base Metals Project is located 50km north east of Kununurra in the East Kimberley and just 150km from Wyndham Port.
Established infrastructure and existing permitting allows for fast track production.
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At the time of publishing the author holds shares in Boab Metals, bought in the market at the prevailing price on the day of purchase.