Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-13

It is a blood bath all over the ASX for similar cap metals companies. With that recent boom in BML to 47c and now trading close to 30c, the lemons must be quite bitter for some of those guys. Peel Mining has done well since their trading halt, mostly because I think it is supported by some of the board personally.

I think what we are seeing market wise right now is similar to March 2020, people are getting out of stocks "because", but there is nowhere else to park your money. ~20% real inflation, central banks money printers going Brrrrrr, crypto crashing, Real Estate market about to drop 20-50%. Gold and silver is the only place that makes sense but the PPT is going insane right now with making that look bad too. I expect the money that has left stocks will come flooding back in because it has to go somewhere.

IMO If you have anything serious in the game now is the time to be doubling up if you can in PMs and PM related stocks. Get your average cost down to make the biggest profit when the insanity ends.