BML 0.00% 13.0¢ boab metals limited

Ann: Strategic Acquisition of Zinc-Silver-Lead Project, page-64

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  1. 12,162 Posts.
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    I sold out of TNG last week and currently looking to reinvest the sale into BML if i get the price I want.
    I bought in when Mt Peake looked about home but out of nowhere the NT EPA gave them an extra 12-18months of work to meet the criteria and she dropped 30pc. Absolute shambles from both management and the NT Government.
    I bet they are filthy now they don't have a beautiful zinc-silver-lead project to advance to production while they wait for their Mt Peake approvals.
    The market is all about timing, and lately BML look to be getting the timing right - acquiring at good prices, spending money on assets that will make significant returns in the future. This is an ideal long-term hold. The decisions that management are currently making, says to me that they don't give a rats about current microclimate and poor prices for junior explorers, they are looking 2-3 years down the track and the SP could be anything by then. I am getting more confident by the day.
 
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