Ann: Sorby Hills Definitive Feasibility Study, page-249

It's unreasonable to use '60 or 70c' as a SP baseline - BML only scaled to those lofty heights at the highest peak of the greatest PM boom in the history of the world. It's not likely to be repeated anytime soon.

Mid-30s have been a semi-important support / resistance level over the years. This is probably a more appropriate metric of how the SP is faring. And so yeh, I agree it's been languishing. But keep in mind, we're still in the midst of a PM bear market (recent bear market rally notwithstanding)

BML (Like most PM stocks) should be treated as a trading stocks. It behaves in mostly predictable patterns over a long-term duration. The 'long and strong' in this forum (who never sell) are probably down a lot of money at this point. The ST traders and longs actively trading parcels around their core holding are doing a lot better.