If the current riots and chaos in South Africa continues, we will see a significant shift in investment focus towards resources in tier 1 mining jurisdictions. Certainty and security of supply are more paramount than ever, and BML stands to benefit greatly as a result.
On another note, I can't think of another stock that is this close to production yet still buzzing with anticipation regrading the results of a drilling campaign. It's the kind of thing you expect with junior explorers who haven't yet drilled a hole.
Even if Eight Mile turns out to be a duster, we're almost certain to achieve a significant jump in MRE for Sorby Hills following this drilling campaign.
It's such a great feeling to have bought this on the cheap and sit back knowing your investment is so de-risked yet still has so much upside.
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Open | High | Low | Value | Volume |
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2 | 70171 | 0.099 |
1 | 27992 | 0.097 |
3 | 106995 | 0.095 |
1 | 63829 | 0.094 |
Price($) | Vol. | No. |
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0.105 | 74730 | 1 |
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0.115 | 60597 | 3 |
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