What ridiculous speculation. No one is funding mines for the sake of it in a resource downturn. Projects are viable or not based on their own merits. The point of raising rates is to reduce employment, one effect within this is a return on equity within a bank with a guaranteed return. Why spend millions opening a mine with a potential return of 6% YoY when you could take it to the bond market and get 5% over 10 years locked in.
Lead, whilst stable, isn't immune from commodity down turns either. Generally speaking demand and thus investment is cycling out of mining. Its a bad time to try to get a foothold into the production market. This isn't a if this isn't funded we will get it scenario it's a rising tide lifts all boats one, and the tide isn't rising.
- Forums
- ASX - By Stock
- BML
- Ann: Quarterly Activities / Appendix 5B Cashflow Report
Ann: Quarterly Activities / Appendix 5B Cashflow Report, page-17
-
-
- There are more pages in this discussion • 147 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
|
|||||
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.34M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $24.40K | 242.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 236737 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 165301 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 236737 | 0.100 |
2 | 70171 | 0.099 |
1 | 10200 | 0.098 |
1 | 27992 | 0.097 |
3 | 106995 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 165301 | 2 |
0.110 | 13545 | 2 |
0.115 | 60597 | 3 |
0.120 | 96185 | 2 |
0.125 | 70000 | 2 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
BML (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online