It hasn't recovered 2 times. I would consider 'recovery' a price more like 60-70c - about where it was pre-consolidation a couple of years back. We are down around 66% from those levels. This has a long way to go for those who bought up there to break even. The 'performance' of management looks pretty bloody terrible through that lens.
The nonsense hyping of 'silver a the new gold standard' has been going on longer and has proven to be 100% incorrect for the duration of that narrative.
The fact is that the market simply doesn't believe that BML is going anywhere until they actually prove it. Investors looking at BML, whoever they might be, are wise to stay out of it until management show that it is actually going to be a well run, profitable mine.
Ann: Sorby Hills Definitive Feasibility Study, page-247
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $23.33M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $109.6K | 998.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 325659 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 84227 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BML (ASX) Chart |