BML

6.98%

9.2¢ boab metals limited

Charts Only Thread, page-131

First 131 Last

Share
Profile

Follow
Clive5

181 Posts.

96

25/10/23

00:09

Post #: 70517033
Share

Originally posted by Warcrow: ↑

I emailed Simon my concerns about the lack of progress (funding etc) and forth coming lack of funds, he called me back and we spoke for over twenty minutes, basically discussed (my interpretation of our conversation);

1. NAIF, he's talked to them as recently as yesterday and the process is ongoing, we're still targeting them for a significant portion of the funding.

2. Bank funding, obviously it's difficult to get and he indicated the risk appetite is out the window, price assumptions are ~20% down on commodities, and they're assuming ~25% up on Opex/Capex, hence the need to refine the project, and being able to provide solid pricing.

3. Is acutely aware of the 3m cash, and said if they didn't think they could get a positive result in this environment they would look to conserve cash, however that's not on the agenda and it sounded like we weren't that far off satisfying the banks, however they may keep moving the goal posts depending on the economic situation etc, he indicated we have cash through to at least 2024 (to optimize the project), and are using that towards satisfying NAIF/Banks.

I was impressed that he took the time to speak to me, and I hope he and the team can start hitting the necessary targets to push towards achieving finance.

Expand

My interpretation of your conversation with Simon.

1. NAIF, he's talked to them ( and they told him to FO ).

2. Bank funding, obviously it's difficult to get ( and they told him to FO ).

3. Is acutely aware ( he and his board of grifters will be out of a job soon ).

4. Asked when he and his board of grifters was planning on buying some shares, he laughed and hung up.

BML Price at posting: 6.9¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

VUL

Vulcan appoints investment bank and M&A veteran to board

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

There are more pages in this discussion • 91 more messages in this thread...

First 131 Last

Add BML (ASX) to my watchlist

(20min delay)
Last 9.2¢		Change 0.006(6.98%)		Mkt cap ! $21.47M

Open	High	Low	Value	Volume
9.0¢	9.6¢	9.0¢	$29.77K	317.6K

Buyers (Bids)

No.	Vol.	Price($)
2	66385	9.2¢

Sellers (Offers)

Price($)	Vol.	No.
9.6¢	81299	2

View Market Depth

No.	Vol.	Price($)
1	49999	0.092
1	11494	0.087
2	150000	0.085
1	11500	0.084
2	65000	0.083

Price($)	Vol.	No.
0.096	81299	2
0.099	63405	2
0.100	7754	2
0.105	79800	3
0.110	555422	7

Last trade - 15.28pm 13/09/2024 (20 minute delay)

BML (ASX) Chart

Charts Only Thread, page-131

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Vulcan appoints investment bank and M&A veteran to board

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Charts Only Thread, page-131

Top Stories

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Vulcan appoints investment bank and M&A veteran to board

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News