This is a favourite.
"Prices in the DFS show how much profitability there is at a certain price.~ 20% above what is actually needed. Very robust and huge IRR rating. Banks see this. You fear monger lies. " LMAO.
That is the problem, the spot price is below the "certain price", so "banks see this" and don't finance it, otherwise they would have. At least the DFS and not the PFS is being referred to now, so there's been some progress.
I'd encourage others to suggest which is their choice for line of the week.
Bear Thesis for BML, page-12
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Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $23.33M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.0¢ | $78.93K | 745.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 284457 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 242843 | 4 |
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| Last trade - 14.35pm 22/08/2024 (20 minute delay) ? |
| BML (ASX) Chart |