BML 3.33% 8.7¢ boab metals limited

Offtakes, page-54

  1. 322 Posts.
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    I remember when everyone on here was giving you a hard time when you queried what the early works were and how they thought they were going to do it over the wet. From memory you were called a downramper and essentially abused for querying the statement. Here we are a year on, looking down the barrel of a shortening dry season and then into another wet. Fair play - you called it.
    I managed to watch it. I did like that he said "terms were agreed on" regarding offtakes, and that they were fleshing them out regarding potential funding. What I didn't like was the way he fumbled around when she asked what was due in the near term and he couldnt say "we expect offtake this month with partial funding news, and then the remainder of finance news the following month for an early Q3 FID" or something similar. Instead, we were back to this whole opaque nonsense of not knowing when our major overdue catalysts are going to land. We have learnt that "near term" could mean anywhere within an 18 months timeframe with these guy's - that's why no one feels fomo and is rushing to buy in. Twice burnt. Atleast he said they are "still targetting FID for Q3". I won't hold my breath though.

    This stock is highly watched - you can tell just by the views on these threads. Please let's give the watchers what they want with a fixed, transparent due date in which to build anticipation, speculation and share price around! I beleive they are capable - let's prove it.
    Last edited by AuGeologist: 16/05/23
 
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