BML 0.00% 11.0¢ boab metals limited

Ann: Quarterly Activities / Appendix 5B Cashflow Report, page-97

  1. 2,352 Posts.
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    A couple of points.

    I do post on other stocks, but its not the business of anyone else what they are. Lets just stay on topic please.

    In Post #: 72190071 you specifically asked "Why are you on the BML thread". I responded with an answer.

    You didn't quote the DFS numbers the other day, you quoted the PFS numbers. No one uses the latter to stand up the economics of a project, they use the former. If the prices of the commodity used in the DFS are higher than the spot price or forecast price, then no one will finance it. That is the reason this project hasn't been financed yet and the company missed the milestone.

    I agree, BML management have done a lot of work. They should, they get paid to do it! But a lot of work is meaningless, if they can stand up the project. They would have been paid, and the shareholders will be left carrying the can.

 
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