BML 0.00% 10.5¢ boab metals limited

Go Silver go for Gold, page-351

  1. 2,215 Posts.
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    No. The economics remain extremely opaque. When Lead was better priced than it is today, BML couldn't land finance. That hasn't changed.

    Funds don't buy shares of non revenue generating company's. Off-take partners won't be licking their lips with BML because there is a glut in global lead and so plenty of supply at great prices from company's already producing ore.

    A re-rate in the short to medium term is highly unlikely.
 
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