BML 3.45% 14.0¢ boab metals limited

thanksI appreciate thatbut MMA doesnt need my help in quite the...

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  1. 9,821 Posts.
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    thanks

    I appreciate that

    but MMA doesnt need my help in quite the way BML did/does. MMA's 'issue' isnt about misconceptions of its economic drivers and leverage ... its about the depth

    (If stories like IVR and BML that offer 'free dig' from surface are not driving higher, stories that are 200+m deep will tend to languish. And its not like its a condensed 200-300m zone either. Its a streaky pipe of mineralisation going all the way down to 1200m or so. The mine economics are just many degrees more challenging first to drill out and prove up, and then actually finance and be confident will make money. Admiral Bay is then another giant leap up the risk curve being so v deep)

    BML can still improve this substantially - and I expect it will as it comes to better understand the capital markets through more frequent interaction.

    But this updated ppt is a significant improvement. Glad all those electrons werent wasted.



 
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