BML 4.17% 11.5¢ boab metals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-31

  1. 2,354 Posts.
    lightbulb Created with Sketch. 1179
    in at 7.1c a few days ago as you know, out yesterday at 13.5 (for that trading parcel only). Now watching if I exit 10c trading parcel ~15

    I don’t know what happened either but 7c was just off the richter crazy cheap. Or I got lucky which I will happily take in this environment.

    for this project to be valued at 10M even 20M, the absolute worst has already been priced in …, and a reasonable chance this will end up better than worst case scenario imho.

    ps: as a previous and perhaps future ivr holder, I watched the latest IVR preso on small caps yesterday. Same impression as before - simple high grade project (water an issue but not insurmountable) but with significant work to do and 1.5-2yrs behind BML. I don’t believe it’s fundamentally worth more than BML except it may react better to silver hype. Andrew Mcillwsin is ok but he isn’t a stand out ceo either. Although at least he does presentations lol.
    Last edited by Watchfulbull: 31/10/23
 
watchlist Created with Sketch. Add BML (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.