So for the sake of clarity @goldbear77 the point your trying to make is that you re-bought BML 2-3 weeks ago because in your view PM's are at or near the bottom. And you believe Gold will be US $2250 and Silver US $52 six months from now and if your paying 35 cents for BML today it represents excellent value.
Perhaps there is one further point and that is during the big run last year BML was one of the best performers and you may think that will repeat.
What I would add to the equation is that signing Binding Offtake Agreements is strategically very important. And I think this will occur against a backdrop of PM's appreciating materially.
Best
V
BML Chart, page-47
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Last
11.0¢ |
Change
-0.015(12.0%) |
Mkt cap ! $20.18M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 11.0¢ | $68.47K | 556.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 200908 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 21123 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
11.0¢ |
Change
-0.015 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 11.0¢ | 132080 | ||
| Last updated 15.50pm 03/05/2024 ? | |||||
| BML (ASX) Chart |