BML 1.10% 9.2¢ boab metals limited

My understanding is the market should generally value the stock...

  1. 338 Posts.
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    My understanding is the market should generally value the stock at 60% of the mines NPV once DFS completed and mine go ahead approved

    60% of current estimated NPV of $300m puts share price at $1.20. Any increase to resource from drilling results adds to that. Also, the NPV estimate assumes commodity prices will be quite a bit less than what they actually are right now, so further upside opportunity there

    With such good economics and good management... why wouldn't we get mine approval next year?
 
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9.2¢ 9.2¢ 9.2¢ $4.821K 52.4K

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3 56350 9.0¢
 

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9.4¢ 50385 1
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Last trade - 09.59am 31/07/2024 (20 minute delay) ?
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