@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
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $22.01M |
Open | High | Low | Value | Volume |
12.5¢ | 13.0¢ | 12.0¢ | $38.79K | 316.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 234402 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 14285 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 234402 | 0.120 |
2 | 55600 | 0.115 |
2 | 12000 | 0.110 |
3 | 57000 | 0.105 |
2 | 19000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 14285 | 1 |
0.145 | 101166 | 2 |
0.150 | 65558 | 2 |
0.160 | 374633 | 7 |
0.165 | 145069 | 4 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
12.3¢ |
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Change
-0.005 ( 2.00 %) |
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Open | High | Low | Volume | ||
12.5¢ | 13.0¢ | 12.0¢ | 280249 | ||
Last updated 15.48pm 26/04/2024 ? |
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BML (ASX) Chart |