The Galena news probably an unwanted distraction in the eyes of the market for BML at this time but it should be noted the lead price is holding very steady around US$2100ish and aussie exchange rate around 66ish so Sorby Hills very profitable at this lead price and the market for lead is quite tight and any lost Galena production or heaven forbid a complete failure of Galena would potentially have a positive effect on the lead price moving forward.
Boab Metals has significant exposure to Silver whereas Galena isn't really considered a play on silver so not really comparing apples.
BML Chart, page-1486
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $23.34M | |||
| Open | High | Low | Value | Volume |
| 10.8¢ | 10.8¢ | 10.0¢ | $94.08K | 904.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 715455 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 139309 | 4 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| BML (ASX) Chart |