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Boab Metals
Boab Metals (BML) investor relations material
Boab Metals Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 TU earnings summary26 Jan, 2026
Executive summary
Secured over A$350 million in funding for the Sorby Hills Silver-Lead-Zinc Project, including A$236 million in debt and A$117 million in equity and share purchase plan.
Final Investment Decision made to proceed with Sorby Hills, with 100% ownership acquired after buying out the remaining 25% stake.
Early Works commenced on site, with construction and site access progressing ahead of schedule.
First production of lead-silver concentrate targeted for H2 2027.
Financial highlights
Cash balance of A$89.9 million as of 31 December 2025.
Net cash from financing activities in the quarter was A$85.4 million, driven by equity raisings.
Net cash used in operating activities was A$896k for the quarter.
Net cash used in investing activities was A$1.58 million for the quarter.
Outlook and guidance
Sorby Hills is fully funded through to first production, expected in H2 2027.
Project free cash flow is highly leveraged to silver prices, which have increased significantly since the FEED Study.
Shortened construction timeline expected to bring production forward by 6 months.
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Next Boab Metals earnings date
Q2 20265 Mar, 2026
Boab Metals
Next Boab Metals earnings date
Q2 20265 Mar, 2026
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