BML 5.00% 10.5¢ boab metals limited

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

  1. 2,319 Posts.
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    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
 
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Last trade - 16.10pm 14/05/2024 (20 minute delay) ?
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