You know what I find very interesting, is the fact that we're so derisked and sitting at this level. (Permits etc)
Considering the Silver price some months ago, with Lead potentially being constraint in supply with a large EV crunch in the future, some people would almost base their investment purely off these facts/speculations. (As seen in the lithium and cobalt sector, people have thrown large amounts of money based on an assumption/speculation in the future prices)
"Lead batteries currently provide 75% of worldwide rechargeable energystorage and start-stop functionality for all passenger cars, including EV’s."
"Base case shows ‘deficit’ for mined lead from 2023 without new mine supply. "
"China remains the dominate player in 2019 for both lead production (>54% of 5.2Mtglobal production in 2018) and consumption (45% of 12.8Mt global consumption in2018)."
It's important to understand the impacts China's production/consumption can have in the Lead market IF they continue to rise in consumption + potentially a shortage in supply as they feed the market so heavily at present.
And that's just Lead by itself. Throw in Silver and we have a completely different race.
+ The difference in exchange rates benefiting our numbers drastically.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Cashflow Report
You know what I find very interesting, is the fact that we're so...
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BML (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.06M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.0¢ | $70.35K | 686.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 613708 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 9394 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 613708 | 0.100 |
2 | 13409 | 0.097 |
5 | 160901 | 0.096 |
5 | 666842 | 0.095 |
2 | 16200 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 9394 | 1 |
0.115 | 135000 | 1 |
0.120 | 181818 | 1 |
0.125 | 334231 | 3 |
0.145 | 5020 | 1 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
|
|||||
Last
10.5¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
10.0¢ | 11.0¢ | 10.0¢ | 329175 | ||
Last updated 15.56pm 13/05/2024 ? |
Featured News
BML (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online