You are right about the lead price increase allowing BML to...

You are right about the lead price increase allowing BML to outperform its peers. The peers that I track differs to the stocks you posted. I may add G1A as it would be interesting to compare against MMA epecially as they are both u/g resources.

I just updated my spreadsheet and BML and MMA had larger increases in silver equiv ounces due to them holding larger lead resources and the spike in the lead price. This also resulted in the project grades in silver equiv oz increasing compared to peers. As an example, using today's spot price, MMA now has a silver equiv resource of 17M oz greater tan SVL. SVL has a higher silver resource and will outperform if silver starts outperforming lead. Just on the lead increase of the last few weeks, MMA's project silver equiv grade has risen from 260g/t to 268g/t and BML's from 126g/t to 132 g/t and that's even with the increase in the AUD from 64 to 65.53.

I think the one thing holding BML back now is the timing and price of it's capex. I'm hoping for a worst case scenario for a pump to at least 20c and then a discounted capex. If BML can hold out into 2024 we may even get mid 20c or higher as long as silver does its thing.

The AUD is up to 65.53 as I type but the COT has one of the heaviest shorts on the AUD compared to other major currencies. The AUD should get stronger if the PM/base metals price increase gains traction. Need to clear 67c first off.