BML 0.00% 13.0¢ boab metals limited

I invested in BML on the basis on lead. Never was a silver bull...

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  1. 7,015 Posts.
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    I invested in BML on the basis on lead. Never was a silver bull and laughed out loud at the ridiculous silver price estimates being bandied around on the forum.

    Anyway, you don't seem to understand the relationship between 'company fundamentals' and the movement in prices of the actual commodity the company proposes to mine - lead and silver.

    Over the past 6 months (not a short term price movement), lead has lost its strong momentum and silver has collapsed. Both these factors influence a reasonable person's expectations of how much revenue this company may generate. This is a big reason for the SP decline.

    Any of the boiling frogs and bilbo bagholders in this forum that want to argue that BML's fundamentals 'are currently improving' (lol) needs to address this obvious point. Because its what the market is focusing on and explains why your kids are getting Kmart gift vouchers for xmas this year
    Last edited by Protagonist: 16/12/21
 
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