BML 4.35% 12.0¢ boab metals limited

Ann: Investor Presentation, page-6

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  1. 2,658 Posts.
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    Why would you buy up on a - no longer near term producer. And if you think they have three more quarters then you are not expecting to drill this year..... or you're being disingenuous - Spoiler room 101.

    Spend when they are actually doing something

    https://hotcopper.com.au/data/attachments/5956/5956764-09310caf73700dd28f90f434cc72e358.jpghttps://hotcopper.com.au/data/attachments/5956/5956768-79424b8045e6e0cfa80501cbb1f83a80.jpg

    And when they arent....

    https://hotcopper.com.au/data/attachments/5956/5956778-74db4d815e8b3f6991bdc7be264cd3e7.jpg

    That 2.2 is looking more like 1.8 now we are mid way through Q3

    1.5 if they do nothing until march end.
    Then one quarter left if they manage to do something on site - 2 if they dont.
 
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