Share Price after raise., page-78

I normally disregard those comments I view that have zero intellectual input but couldn't in this case because in all my years as a member of HC I can honestly say that the above comment would rank with one of the dumbest ill-conceived comments I have ever read! That is unless you are a commodity bear and if that was the case i question why you are even commenting or watching commodity threads. For transparency, I am a commodity bull and fully expect companies like BML to be rerated significantly, purely on the numbers provided below!

Now let's break this down so that others can judge your above comment on its merits.

BML 30 June 2024
Market Cap - A$21M (US$14M)
Cash on Hand $A$6.4M (US$4.27M)
Debt - A$0 (US$0)
EV - A$14.6M (US$11.73M)

On a 75% Resource held basis the resource is valued using todays spot price at A$6.4B (US$4.26B), comprising of;
41.59Moz silver
1,478/t lead
248,263/t zinc

Feasibility study completed showing a very profitable operation, especially at todays spot prices.

Awaiting, Offtakes, FID & finance.

All for A$14.6M ((US$11.73M)

I challenge you to find a better valued resource company on the ASX.