"BML should probably just focus on just being an explorer since the company is being priced just as an explorer anyway. They should get the mine built or financing when the economics becomes undeniable."
That's basically what BML is doing
Unfortunately this model results in constant and never-ending dilution as new shares are added to fund admin and management costs. And the market at large eventually decides the company is a lifestyle outfit and the stock loses all trust and momentum
Silver + lead, page-17
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Last
9.9¢ |
Change
-0.001(1.00%) |
Mkt cap ! $23.10M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.5¢ | $85.38K | 855.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 207379 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 41731 | 3 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| BML (ASX) Chart |