Directors buying shares, page-10

sorry, small typo. Should read Gary Comb is Executive Chairman of BML and Non-executive Chairman of CYM.

Yes the precious metals are somewhat suppressed. On the flip side if silver prices rise, and lead gets stronger it will help BML. Then again, we have a DFS coming up in March/April.

I'm not sure we will see a huge rerate. The prices of silver and lead BML used in its PFS are not exactly conservative figures. The Capex is rather large for a 10 year mine life, although I'm sure this will increase with a resource upgrade.

I think the Capex of BML and its operating costs will increase come the DFS. We would need a massive rise in Silver and lead to have any material effect on the economics of the project.. We are currently seeing this across many companies with outdated studies. Capex are being blown out of the water.

https://feeds.soundcloud.com/stream/1144915153-miningstockeducation-how-to-value-mining-stocks-with-canadas-top-gold-stock-fund-manager-kevin-maclean.mp3




I'm in a manganese play that just started production. PFS was impressive and looked to make decent profit but despite the price of Manganese moving up, it is currently operating at a loss. Mainly due to shipping costs.

Shipping costs are very recently coming back down. Will probably be lower once the world returns back to normal from covid. Many companies have cut production and cut refining rates in respect of this.



Inflation also brings higher costs for diesel mining fleets with it.

I hope to see a big resource upgrade. Mett results. This will give us a better idea around recovery rates and life of mine.

appreciate the feedback. Not here to discredit BML just wanted to point out some headwinds. I'm not selling any. But Im not buying either. Will definitely be a long term hold. Silver will have its day. Just hope it starts to move before the impending DFS