BML 0.00% 8.7¢ boab metals limited

Don't forget its a lead mine with silver credits, not a silver...

  1. 1,716 Posts.
    lightbulb Created with Sketch. 1378
    Don't forget its a lead mine with silver credits, not a silver mine. The silver credits slash the overall cost of mining. Most iron-ore producers (method: blow it up, move it to a ship) cost $60-70 a tonne to mine per $95AUD a tonne price, Sorby could be around $9 cost per $100 worth of lead with the silver credits, down from a cost of $32p/t without. Need a pretty big slump to make it unviable and the silver price would need to be 3x more than it is now to make it the main commodity here.

    KBL referred to it as a silver mine at the time as it was the sexier of the metals (at the time, not now obviously), like saying a copper project with a sniff of cobalt is a cobalt mine.

    That 3D youtube mine fly-through you posted was mint!
 
watchlist Created with Sketch. Add BML (ASX) to my watchlist
(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
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
BML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.