Ann: Quarterly Activities / Appendix 5B Cashflow Report, page-15

Interesting price action last couple of days considering the ASX, precious metals and battery metals are weak.

Have we arrived at a time where boring unexciting lead is starting to get some interest because the hot battery metals are suddenly unloved and some investors may start to see value in a boring but comparatively stable priced metal and we have an upcoming producer in BML that looks to be a low cost producer in the 1st quartile with the bonus of a significant exposure to silver, whilst so many mines are experiencing cost blowouts and some mines are shutting down, which could start to alleviate the issue of finding workers for any new mines and also help alleviate some of the cost pressures.

Pressure must be building on State governments with mines starting to close, will NAIF be looking closer at BML as a new mine to replace those that are being shuttered ?