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2.11%

9.3¢ boab metals limited

Ann: High Grade Lead-Silver Confirmed at Beta Deposit, page-34

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falcon347

2,435 Posts.

349

03/02/22

11:44

Post #: 59325865
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Originally posted by Protagonist: ↑

Hi Petr,

Sorry for not responding earlier. I get a lot of questions from different people. If I don't answer straight away, its doesn't mean I'm ignoring you. I'll respond when I have a chance.

Re-read the Rawson Lewis research note. They observe: 'the market appears to be pricing Boab on the PFS mine plan assuming a share issue at A$0.25/sh'. BML share holders should be looking for a catalyst that will cause the market to revisit this thinking. Will these drill results do that? In my opinion - no. The silver intercepts are too modest in terms of grade and strike length. As expected, the market response has supported my analysis here.

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again I will reiterate the first catalyst for the rerate will be offtakes, followed by the release of the DFS followed by (hopefully) NAIF funding agreement. All 3 of these announcements as well as debt finance should be expected before any raising.
If you are waiting for low to mid 20's before getting back in you are expecting too much imo

BML Price at posting: 31.0¢ Sentiment: Hold Disclosure: Held
16 Upvote

1 Great analysis

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(20min delay)
Last 9.3¢		Change -0.002(2.11%)		Mkt cap ! $21.70M

Open	High	Low	Value	Volume
9.7¢	9.7¢	9.2¢	$73.34K	780.1K

Buyers (Bids)

No.	Vol.	Price($)
1	2827	9.3¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	250000	1

View Market Depth

No.	Vol.	Price($)
1	2827	0.093
2	31739	0.092
1	97000	0.091
2	105560	0.090
2	100000	0.086

Price($)	Vol.	No.
0.094	250000	1
0.097	25177	1
0.098	100000	1
0.099	32500	1
0.100	36000	2

Last trade - 15.47pm 26/06/2024 (20 minute delay)

BML (ASX) Chart