BML 3.33% 14.5¢ boab metals limited

capital raising-a real possibility, page-10

  1. 55 Posts.
    Totally agree mate. My main concern would be good results from exploration and good sp growth and then a stagnant period. If they decided to utilise the mining licence we would have a long period between drinks and probably not see significant growth until construction was completed and production had begun. Because of the possibilities I think shareholders would be to scared to sell and have cash tied up for years possibly. Hence a takeover would be a financial windfall for investors.
    I'm in for the long haul either way
 
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