BML 0.00% 13.0¢ boab metals limited

Boab Metals is breathing life into Sorby Hills, page-3

  1. 13,419 Posts.
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    Really interesting to see the relative size and pricing of the SORBY HILLS project of BML compared to the Sulphur Springs project of Venturex. This is provided on a Silver Oz basis and a Silver Eq basis. The 75% ownership interest of Sorby Hills is shown.

    You will see the impact of two things on Venturex - the "Bill Beament effect" and the launch of their project into a BULL rather than BEAR market, as Sorby Hill was.

    Venturex is priced at an astonishing-
    • $41.84 EV per Ag ounce compared to BML at $1.32 EV per Ag ounce, and
    • $2.34 EV per Ag Eq ounce compared to BML at $0.25 per Ag Eq ounce. That is 6.7X BML on this measure.

    Yet Sorby hills is a more advanced and more heavily de-risked and environmentally approved project.

    So the yawing gap in pricing of 6.7 times represents an amazing buying opportunity for investors.

    BML provides an exciting opportunity now before the herd of BULL's start to catch on to the value of the fundamentals.

    Very Happy Days.
    V
    https://hotcopper.com.au/data/attachments/3290/3290141-b7affbbb74b88669c73d9ede48a5d2ce.jpg
    Last edited by Verily1: 22/06/21
 
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