BML 4.17% 12.5¢ boab metals limited

A PIPELINE of significant NEW SILVER, ZINC and Lead DISCOVERY Opportunities, page-88

  1. 2,327 Posts.
    lightbulb Created with Sketch. 1167

    Agree if skol has posted here then it’s extremely positive for BML cause he is always way off track (wouldn’t know as he was the first ignore because he is a nutter and FYI everywhere you look all agree).

    On a serious note the SP has been very disappointing recently but I have thought about what @goldbear77 said about not being confused about if you really are a long term fundamental investor or if you are kidding yourself and are actually more short term. I originally invested to see this as a mine in the medium term, with the stability of lead and some upside exposure to silver. That story and likelihood has not changed, the current FS is robust and I expect the updated FS after phase v will be substantially better. This should be in production in 2yrs or less. So I bottom drawer this without complaint and back my initial thesis unless something real changes.

    As @sinic says .... deep value etc .... I’m pretty much set at lower prices but if it gets much lower I will be forced to trim elsewhere and top up ... the risk reward is too compelling.

    gltah
 
watchlist Created with Sketch. Add BML (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
0.005(4.17%)
Mkt cap ! $25.07M
Open High Low Value Volume
13.0¢ 13.5¢ 12.5¢ $103.2K 797.0K

Buyers (Bids)

No. Vol. Price($)
3 87992 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 90145 2
View Market Depth
Last trade - 16.10pm 28/05/2024 (20 minute delay) ?
Last
13.0¢
  Change
0.005 ( 8.33 %)
Open High Low Volume
12.5¢ 13.5¢ 12.5¢ 438817
Last updated 13.34pm 28/05/2024 ?
BML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.