BML

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8.7¢ boab metals limited

Totally agree. Well said!

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stevie83

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24/02/20

20:43

Post #: 43122643
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Originally posted by Ammbush97 ↑

Well said. Specifically this:

"2) PMY isn't sitting on the cusp of a capital raise. The next round of funding will likely come from a deal that involves selling offtake. Then there will be further offtake deal before project funding is needed. Selling offtake is not related to the share price. The need to tap the market this far along is heavily reduced. Funding can be achieved by selling offtake, Project funding won't even need to be discussed until the DFS is finished, so today's share price in a panicked market isn't really relevant."

The absurd discussion of this Chinese govn theory needs to be put to rest. The market cap clearly doesn't justify sitting on an asset with such robust economics, sitting at surface, derisked with the cash position and a JV which had offtake agreements with the previous owners...

The BOD haven't signed an offtake agreement yet.... why does that sit differently with everyone? FYI, buyers are literally entering and holding a company with an asset of this scale that maintains OPEN for binding agreements etc.

The catalysts upcoming will determine and unlock the intrinsic value. Ultimately, it'll be led by institutional buyers which see the long term achievements and return, with retailers being late to the party due to impatience/SOI displaying no short term gain.

Everyone has their own style, strategy of investment/trading and R&R to stick to, which is understandable. In saying that, the conviction behind your original investment shouldn't be altered due to the macro scale coronavirus effects IF you believe it's only a temporary disruption.

I think Q2 would be a more effective time to release the PFS given the current climate. Sitting in a great position with Gold/Silver continuing and further leverage through the exchange rate too. Patience is the key here.

The top 20 are of great credibility and seem to have firm positions in PMY whilst continuing to soak stock, I'm sure their outlook/sentiment hasn't changed given the obvious...

= the selling is retail.

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Totally agree. Well said!

PMY Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
6 Upvote

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(20min delay)
Last 8.7¢		Change 0.000(0.00%)		Mkt cap ! $20.30M

Open	High	Low	Value	Volume
8.7¢	9.1¢	8.7¢	$10.30K	116.6K

Buyers (Bids)

No.	Vol.	Price($)
2	815493	8.7¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	16930	2

View Market Depth

No.	Vol.	Price($)
2	815493	0.087
1	30000	0.083
1	359121	0.082
1	30000	0.081
1	40000	0.078

Price($)	Vol.	No.
0.095	16930	2
0.099	5100	1
0.100	94139	6
0.105	215380	3
0.110	372500	2

Last trade - 16.10pm 16/08/2024 (20 minute delay)

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Totally agree. Well said!

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Totally agree. Well said!

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