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Boab ditches Trafigura prepayment for Sorby Hills equity

Equity raising means prepayment facility is no longer required as better terms offered

Haydn Black
Boab ditches Trafigura prepayment for Sorby Hills equity

Credits: Trafigura

Boab Metals expects to see vastly improved offtake terms for its Sorby Hills lead-silver mine in Western Australia thanks to an equity injection that means it can avoid drawing on a prepayment facility...

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