Voting NO at upcoming AGM, page-60

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05/10/22

09:07

Post #: 64033292
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Originally posted by coto: ↑

This decision to delay the DFS and subsequent offtake and finance discussions may end up being one of the best decisions of any management team on the ASX. The USD silver price is currently on an absolutely massive run and it only looks more bullish moving forward with either a reversal in the US dollar fortunes OR Quantitative Easing coming into effect around the world. We are already seeing it take place in the UK and going by the rhetoric in Australia after yesterday's rate rise decision, it looks like the Fed may be doing everything they can to avoid further interest rate rises. With the inflation situation only going to get worse, it looks like QE is going to start happening in Aus. With a much higher future silver price now in play, this gives us enormous leverage, come the Offtakes and Finance discussions and it will provide shareholders with a lot more bang for their buck for the medium to long term. As painful as it has been in the past few years IMO, the worst is now behind us and we should start to hit some massive milestones in the coming months. Hopefully then we will see the share price advance, and only then will I start voting positively for management and their financial benefits. Happy shareholders = happy management.

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I can’t feel certain about anything anymore

BML Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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Voting NO at upcoming AGM, page-60

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Voting NO at upcoming AGM, page-60

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