BML 4.76% 10.0¢ boab metals limited

Directors buying shares, page-219

  1. 13,411 Posts.
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    Thanks for the question at @SpiderMonkeyZ,

    Yes, at the OPFS prices the revenue from lead is 75% and of course silver is 25%.

    However, with silver at US $50 per ounce it would comprise 42% of revenue and at US $100 per ounce it would be 60% of revenue. These numbers presume that nothing else changes. However, as we are in the first innings of a commodity supercycle, I think its almost certain the price of lead is going to increase.

    Best

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