Steven...
"So, Q. What's spot price got to do with anything?"
I think it's a little naive to presume that the spot price has no relevance...it is an indicator of demand, and you can be sure that if the spot price is higher, so too will the negotiated price of any offtake agreements. Similarly, if it is lower, producers will be limited in their bargaining power.
I was a fan of BMN..held it in times past, and it was good to me...the PFS though was a major disappointment IMO.
Sure it's a large deposit...problem is, under the current and foreseeable market climate, it's simply uneconomical.
I'd daresay it will be mined one day...could be a long way away yet though.
Each to their own.
- Forums
- ASX - By Stock
- BMN
- fresh lows
fresh lows, page-59
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BMN (ASX) to my watchlist
|
|||||
Last
$2.47 |
Change
0.210(9.29%) |
Mkt cap ! $441.1M |
Open | High | Low | Value | Volume |
$2.47 | $2.59 | $2.46 | $3.392M | 1.347M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1065 | $2.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.49 | 10000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1065 | 2.470 |
3 | 11226 | 2.460 |
4 | 20574 | 2.450 |
1 | 1000 | 2.440 |
3 | 23858 | 2.420 |
Price($) | Vol. | No. |
---|---|---|
2.490 | 10000 | 2 |
2.500 | 5967 | 3 |
2.510 | 9791 | 3 |
2.530 | 668 | 1 |
2.540 | 16601 | 3 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
BMN (ASX) Chart |