Boab Metals Ltd · ASX:BML
Boab Metals — Shareholder Meeting (October 2022)
14 slides from Boab Metals's shareholder meeting presentation, Oct 20, 2022
Slide 1: Sorby Hills Lead-Silver Project: 2022 AGM Presentation
For personal use only Sorby Hills Lead-Silver Project Delivering Metals for a Sustainable Future 2022 AGM Presentation 20 October 2022
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements Compliance Statement For personal use only Certain statements in the presentation are or may be “forward-looking statements” and The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore represent the Company’s intentions, projections
Slide 3: Global Market Headwinds
Global Market Headwinds BML Share price performance has not been immune to turbulence in global markets For personal use only A focus on key project execution workstreams and careful cash management has ensured the Company has made significant progress through the year with zero shareholder dilution
Slide 4: Corporate Summary
For personal use only Corporate Summary Capital structure (18 October 2022) Share Price History 10 1.00 Share Price Debt Trading Volume (millions) BML Share Price (A$/sh) 9 0.90 A$0.19/ share Nil 8 0.80 7 0.70 6 0.60 Shares on Issue Cash 5 0.50 153 million shares A$4.6 million (30 September 2022) 4
Slide 5: 2022 Year In Review
2022 Year In Review Developing Australia’s largest, near-surface Lead-Silver-Zinc deposit For personal use only Sorby Hills Definitive Feasibility Study ▪ Completion of the Phase V diamond and RC drilling campaign at Sorby Hills with excellent results. ▪ Completion of comprehensive DFS metallurgical
Slide 6: Looking Forward
Looking Forward Selection and announcement of Preferred EPC Contractor For personal use only Tenders received from a range of highly experienced engineering firms. The quality of the tenders received, and the pricing of the EPC Contract has been competitive and in line with expectations. Release of
Slide 7: Looking Forward (continued)
Looking Forward (continued) Execution of Mining Joint Venture Agreement For personal use only Boab and Joint Venture partner, Yuguang, are in the final stages drafting the Sorby Hills Mining Joint Venture Agreement and are expected to reach a final draft form within the coming months. Execution of P
Slide 8: Strategic Growth Opportunities
Strategic Growth Opportunities 100% acquisition of the Manbarrum Zinc-Lead-Silver Project For personal use only located 25km east of Sorby Hills Maiden drill campaign at the highly prospective 100% owned Eight Mile Creek Project located along strike from Sorby Hills. Manbarrum Project ▪ Conceptual o
Slide 9: Sorby Hills Project highlights
Sorby Hills Project highlights ✓ STRONG PROJECT PARTNER For personal use only ▪ 75%/25% Joint Venture Partnership with China’s largest Lead smelter and Silver producer. ✓ EXISTING INFRASTRUCTURE ▪ 50km from Kununurra and 150km from Wyndham Port. ▪ Grid Power available via the Ord Hydro Electric Plan
Slide 10: Thank You
For personal use only Simon Noon – Managing Director & CEO info@BoabMetals.com www.BoabMetals.com www.linkedin.com/company/boab-metals Thank You
Slide 11: Appendix
For personal use only Appendix Boab Metals Limited ASX:BML Copyright ©BOAB 11
Slide 12: Mineral Resource Estimate - December 2021
For personal use only Mineral Resource Estimate - 17 December 2021 Grade Contained Metal Deposit Mt Pb Ag Pb Eq. Zn Pb Ag Pb Eq. Zn % g/t % % kt koz kt kt A 0.6 5.3 23 6.0 0.1 31 427 35 6 B 2.7 3.6 20 4.2 0.3 97 1,720 112 8 Omega 17.2 3.3 34 4.2 0.4 566 18,948 730 71 Norton 21.1 2.8 34 3.8 0.4 590 2
Slide 13: Lead Equivalent Calculations
Equivalent It is Boab’s opinion that all elements included in the calculation metal equivalent calculation have a reasonable potential to be recovered and sold. The formula used to calculate lead equivalent grade is: For personal use only Metal Eq (percent) = Gpri + (Gpri × The contained metal [∑i R
Slide 14: Board and Management
Board and Management For personal use only Gary Comb Simon Noon Richard Monti Andrew Parker Chairman Managing Director Non-Exec. Director Non-Exec. Director and CEO Board & Engineer with over 30 Experienced mining Geologist with over 30 Lawyer with significant Management with a years’ experience in