Boab Metals (ASX:BML) Is Up 17.9% After Fully Funding Sorby Hills Project Development – Has The Bull Case Changed?

Simply Wall St.

Jan 14

Boab Metals has recently completed a follow-on equity offering of A$6.99 million at A$0.40 per share, issuing 17,499,964 new ordinary shares and applying to quote them on the ASX to support its Sorby ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2603016614"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2603016614\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2603016614?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/2052000-choice2-main-header/1585186553865","is_english":true,"pubTime":"2026-01-14 16:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2603016614","market":"us","top_or_hot":-1,"title":"Boab Metals (ASX:BML) Is Up 17.9% After Fully Funding Sorby Hills Project Development – Has The Bull Case Changed?","media":"Simply Wall St.","content":"<div>\n<p>Boab Metals has recently completed a follow-on equity offering of A$6.99 million at A$0.40 per share, issuing 17,499,964 new ordinary shares and applying to quote them on the ASX to support its Sorby ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/materials/asx-bml/boab-metals-shares/news/boab-metals-asxbml-is-up-179-after-fully-funding-sorby-hills\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boab Metals (ASX:BML) Is Up 17.9% After Fully Funding Sorby Hills Project Development – Has The Bull Case Changed?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoab Metals (ASX:BML) Is Up 17.9% After Fully Funding Sorby Hills Project Development – Has The Bull Case Changed?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-14 16:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/au/materials/asx-bml/boab-metals-shares/news/boab-metals-asxbml-is-up-179-after-fully-funding-sorby-hills><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Boab Metals has recently completed a follow-on equity offering of A$6.99 million at A$0.40 per share, issuing 17,499,964 new ordinary shares and applying to quote them on the ASX to support its Sorby ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/materials/asx-bml/boab-metals-shares/news/boab-metals-asxbml-is-up-179-after-fully-funding-sorby-hills\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BML.AU","symbol_name":"BOAB METALS LTD","start_time":0,"source_url":"https://simplywall.st/stocks/au/materials/asx-bml/boab-metals-shares/news/boab-metals-asxbml-is-up-179-after-fully-funding-sorby-hills","article_id":"2603016614","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/2052000-choice2-main-header/1585186553865"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/au/materials/asx-bml/boab-metals-shares/news/boab-metals-asxbml-is-up-179-after-fully-funding-sorby-hills","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2603016614","pubTimestamp":1768378767,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Boab Metals has recently completed a follow-on equity offering of A$6.99 million at A$0.40 per share, issuing 17,499,964 new ordinary shares and applying to quote them on the ASX to support its Sorby Hills Silver-Lead Project.\nTogether with an oversubscribed share purchase plan and broader funding package, this equity raise contributes to approximately A$350 million in secured funding, giving the company full financial certainty to progress Sorby Hills through development and construction to...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BML.AU":"BOAB METALS LTD","BK7509":"中概股","BK7095":"多种金属与采矿"},"translate_title":"Boab Metals(ASX：BML)在为Sorby Hills项目开发提供全额资金后上涨17.9%-牛市情况发生变化了吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BML.AU":1.5},"content_text":"Boab Metals has recently completed a follow-on equity offering of A$6.99 million at A$0.40 per share, issuing 17,499,964 new ordinary shares and applying to quote them on the ASX to support its Sorby Hills Silver-Lead Project. Together with an oversubscribed share purchase plan and broader funding package, this equity raise contributes to approximately A$350 million in secured funding, giving the company full financial certainty to progress Sorby Hills through development and construction to first production currently targeted for the second half of 2027. We’ll now examine how full funding for the Sorby Hills Silver-Lead Project shapes Boab Metals’ investment narrative and future positioning. Explore 29 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.AdvertisementWhat Is Boab Metals' Investment Narrative?To own Boab Metals today, you really have to believe in Sorby Hills becoming a viable silver lead producer and in management’s ability to turn a small, loss making explorer into an operating mine. The latest A$6.99 million equity raise at A$0.40 per share, alongside the broader A$350 million funding package, is a big shift in the story because it largely takes funding risk for project development off the table and brings the timeline to targeted first production in the second half of 2027 into clearer focus. Near term, the key catalysts now tilt more toward execution milestones such as permitting, construction progress and offtake arrangements, rather than whether Boab can secure capital at all. The flip side is ongoing dilution, governance concerns and the fact that the business remains very small and unprofitable. However, one issue in particular may catch shareholders off guard if they are not watching closely.\n\nBoab Metals' shares have been on the rise but are still potentially undervalued. Find out how large the opportunity might be.Exploring Other PerspectivesASX:BML 1-Year Stock Price Chart Seven fair value estimates from the Simply Wall St Community span from below A$0.01 to A$10, underlining how differently people see Boab’s prospects. Set against the recent full funding of Sorby Hills, that spread shows why it is worth weighing both the project’s progress and the company’s ongoing dilution and execution risks before forming a view.Explore 7 other fair value estimates on Boab Metals - why the stock might be worth less than half the current price!Build Your Own Boab Metals NarrativeDisagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd.A great starting point for your Boab Metals research is our analysis highlighting 2 key rewards and 3 important warning signs that could impact your investment decision.Our free Boab Metals research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Boab Metals' overall financial health at a glance.Looking For Alternative Opportunities?Our daily scans reveal stocks with breakout potential. Don't miss this chance:Find companies with promising cash flow potential yet trading below their fair value.Trump has pledged to \"unleash\" American oil and gas and these 22 US stocks have developments that are poised to benefit.AI is about to change healthcare. These 30 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.  This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.Valuation is complex, but we're here to simplify it.Discover if Boab Metals might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}