BML 3.09% 10.0¢ boab metals limited

Are you insinuating that the problem with finance, specifically...

  1. 2,940 Posts.
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    Are you insinuating that the problem with finance, specifically NAIF may be because the project has a 25% Chinese partner? If the case, maybe BML should offer to buy out the 25% they do not hold. After all, its current value is A$4.5M.

    I suspect G1A's predicament has not helped as well. SVL's grades are significantly lower than BML's as a whole but their outdated feasibility study only includes a 2MT plant. I know that they have higher grade silver in the first few years to improve cash flow and I believe that BML may be looking to do the same with the Norton pit. Maybe BML should look at pumping high grade silver through the plant in the initial years and possibly cut costs by reducing the size of the plant. I was very surprised by the small size of SVL's plant considering they have a 200MT deposit.
    Last edited by PhillW: 01/05/24
 
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