BML
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3.33% 8.7¢ boab metals limited

No. The economics remain extremely opaque. When Lead was better...

  1. JoeSalami
    2,207 Posts.
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    04/04/24
    09:16
    Post #: 73180430
    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.
    BML Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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