BML 4.76% 10.0¢ boab metals limited

Ann: Assays Confirm Drilling Success at Sorby Hills, page-25

  1. 1,751 Posts.
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    an updated MRE and Offtake agreements happen well before DFS, drill results are always steady accumulation of resources based on all drilling campaigns to date so all results accumulate towards an updated MRE and on there own won't be big movers of the share price with the exception of 8 Mile which could move the dial if that shows to be a continuation of Sorby Hills, it looks like drilling at 8 Mile will occur after the infill drilling at Beta has been completed.

    Main mover in the interim would be significant increase in the price of silver and if lead reaches a price high enough to attract mainstream interest, hopefully Simon is beavering away talking to big investors about the big picture potential of Sorby Hills day in and day out, the penny will drop one day about the profitability of the project and the market believing in the sustainability of commodity prices at these levels and higher and it won't take many big investors to move the needle just need the eyeballs on the story and boxes to be ticked.
    It sounds like happybear45 is waiting on significant funds which he can then invest on his favourites and I suspect one of these is BML .
 
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