BML 4.76% 10.0¢ boab metals limited

Charts Only Thread, page-171

  1. 855 Posts.
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    All his mates are just random people that can jointly see the current struggles of the company without constantly sugar coating the scenario. A 65% rise today shouldn't be cause for celebration when the SP has absolutely tanked by up to 70% from its recent lows of 0.18, particularly when as you state, it is from low volume and without any news catalyst. Keep in mind, for price to recover to the 18c level, it needs a 257% rise from the lows of 0.07c. The SP has a long way to recover, with nothing much on the horizon worth discussing unless the upcoming (and already late) drill results turn into an absolute blinder. Otherwise there's only the prospect of dilution over the next 6, with perhaps another drill campaign.
 
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