@Taataa you want to get back in, and no doubt you want the lowest price to get back in - so you have your reasons for such a post.
I believe in the next month or so the climate for precious metals will change, and the bull run will return - so to me buying at these levels now when I think a 80c - $1 price target within a year as mentioned by 3 different brokers research report is really quite likely.
Based on the quality of the Sorby hills project (and the 25%JV partner being the largest lead smelter in the world and largest silver producer in china as a cherry on top) the current market cap of BML and their stage in their project vs their peers - I don't know how it could be seen as anything but a bargain at these prices? there is just currently fear in the market across the sector due to the rising bond yields.
Ive been selling other shares and topping up, and I will continue to take cheap shares off whoever wants to sell them. Nothing is for certain, however I would say it is highly probable that buying BML, and holding for one year - you could expect 100% return on investment. Potential is there for ALOT more when you consider all the other macro-economic factors at play.
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $18.34M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.0¢ | $88.21K | 837.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 139085 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 117991 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 39085 | 0.100 |
3 | 65927 | 0.096 |
4 | 656842 | 0.095 |
1 | 111111 | 0.090 |
1 | 400000 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 100000 | 1 |
0.110 | 1120 | 1 |
0.115 | 135000 | 1 |
0.120 | 181818 | 1 |
0.125 | 334231 | 3 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
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Change
-0.005 ( 0.00 %) |
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Open | High | Low | Volume | ||
10.8¢ | 11.0¢ | 10.0¢ | 499994 | ||
Last updated 15.53pm 10/05/2024 ? |
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BML (ASX) Chart |