@watchfullbull remains a voice of reasonfor the silver bulls i...

@watchfullbull remains a voice of reason

for the silver bulls i expect theyd look at it as prospectively $12.5m in late 2025 down for ~15M extra silver ounces. The market will likely look past the jv budget contribution for the most part and the rest of the cost is 24+months out

thats expensive if you use bml's current mkt price but not so much if you use say ivrs

if the market starts to treat bml on 100% basis it could pay for itself

if silver resources (and or lead) go higher, likewise

both together and it could be a highly regarded well struck deal

if not - they shouldnt execute when it comes time to assess