BML 4.76% 10.0¢ boab metals limited

time to mining really doesnt matter at this point re sp upside...

  1. 9,782 Posts.
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    time to mining really doesnt matter at this point re sp upside potential - bml going 10x in 6 months last year wasnt because it was about to mine

    as i said a long while back - market largely treats a stock as either in production or not.

    there are some rarer cases where the business case/executive are so compelling that it drives an idiosyncratic 'developer multiple' - ADT is a great example

    mining timing does matter to me ofc - not about shorter term risk reward - but about those long term capex/irr sweet spot arcs.



 
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