Binding Offtake Agreements are due this quarter.
So to be clear that means customers will commit to the amount of Ore they are going to buy from BML. And the company has stated in its presentations that the demand from customers has been strong. Further, this correlates with the fact that Galena has pre-sold all of its Ore. The demand for Lead is strong and it's going to be strong for years to come.
This is one of the reasons I have a very different point of view about the direction of the share price than you have.
Best
V
BML Chart, page-41
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $23.07M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $100.6K | 910.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16000 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 292999 | 3 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
0.005 ( 8.70 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.5¢ | 10.5¢ | 272933 | ||
| Last updated 15.41pm 17/05/2024 ? | |||||
| BML (ASX) Chart |