BML 13.6% 12.5¢ boab metals limited

Ann: Quarterly Activities / Appendix 5B Cashflow Report, page-102

  1. 3,002 Posts.
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    I have always considered the 2020 AGM presentation to be the line in the sand. The company decided to “go bigger” post PFS which was a fair strategic move and listed a number of milestones, including the added drilling, culminating in a FID forecast of December 2021. What has occurred, or not occurred since then Is objectively true.

    Apart from the personal regret of getting onboard the BML train, I regret influencing others to do so. When the share price recently got to $0.21 I advised those I knew that were still holding the stock and they fortunately all hit the Sell button. You can come back from a 40% haircut with some luck but coming back from a 80% loss is all but impossible.

    it is really sad that the latest Analyst Report listed on the company’s website shows $258m of revenue earned in FY2025 which we will enter in 5 months. This could easily be sent back to the printer for reprinting.
    Last edited by smartdude: 02/02/24
 
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