BML Weekly 15.09.14

Morning All,

Another week for BML and we receive some long awaited drill progress updates!

BML reports continuous Nickel hits in the update which shows extensions to the East, which is exceptionally encouraging and further de-risks BML as an investment. (CC: Valinvestor / Forestfield)

The second round of Met test samples are being packaged up to be sent to SGS, with the first round of assays apparently due late September at the earliest;

"Mineralised intersections from the recent drill holes are currently being prepared for similar analysis at SGS and will be dispatched shortly. Results for all samples are pending and are not expected until the end of September 2014 at the earliest but no assurances can be given as to the exact date the laboratory results will be received."
BML opened 0.01 lower than last Monday this morning, showing sideways movement over the week with a continually stacked buy side. Strong support shown at 0.021 / 0.020 respectively!

Nickel (Report 10.09.14)

Nickel price seeing the biggest drop for 2 days as a ban of ore exports will not occur anytime soon by the Philippines.

Nickel rose 34% this year after ore-export limits took effect in Indonesia, the world’s top producer of the Key metal.
The 3 month unofficial Nickel price lost 350 or 1.84%, to 18,687.5/ tonne.

http://www.livetradingnews.com/lme-...-nickel-continues-fall-70745.htm#.VBY5qquKC70

Overall a week as expected, with nice news coming this morning in the form of a drill progress update!

GLTAH!