BML 5.81% 8.1¢ boab metals limited

It looks like pressure is building under silver and especially...

  1. 864 Posts.
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    It looks like pressure is building under silver and especially gold. Gold at $1860, silver at $25.25. If this continues all the PM stocks will rise. BML has lots of news flow due soon. The higher MKR, IVR etc... rise the better BML will look as a value proposition. A rising tide lifts all boats. Even if it is last amongst the silver stocks it can still provide a good return. Interesting to see if they can smack down silver this time. Potentially could be exciting. The trend has been poorly for BML.



    Investigator resources
    https://hotcopper.com.au/data/attachments/3788/3788903-6a28db15e6796b9361a37d663dd7371b.jpg


    I remember mid last year IVR languishing around 1 to 1.3 cents for months, then the trend changed with silver price appreciation. BML will almost certainly be a producing mine, with good cash flow to support dividends long before IVR is developed. MKR has a mine and is producing. Probably BML will trail the capital appreciation of these peers for a little while but you never know.
 
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Last
8.1¢
Change
-0.005(5.81%)
Mkt cap ! $18.90M
Open High Low Value Volume
8.6¢ 8.6¢ 7.9¢ $70.80K 876.7K

Buyers (Bids)

No. Vol. Price($)
1 2704 8.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 58270 2
View Market Depth
Last trade - 15.32pm 09/08/2024 (20 minute delay) ?
BML (ASX) Chart
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