BML
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1.03% 9.6¢ boab metals limited

The advantage of the lead is BML would be less exposed to...

  1. SpiderMonkeyZ
    4,141 Posts.
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    05/10/21
    10:41
    Post #: 56566064
    The advantage of the lead is BML would be less exposed to movements in the silver price if the silver is mined for free as a byproduct of the lead.

    Silver price would dictate profitability as I understand it. Cases where JP Morgan allegedly manipulate the silver price might impact other projects that don't have credits from other metals to offset any negative moves in silver which appears to have been the case for this mine in Mexico?



    https://hotcopper.com.au/data/attachments/3652/3652886-c441b3f209432685346b95f2e0eece84.jpg

    https://hotcopper.com.au/data/attachments/3652/3652883-de506e296eaae54a7febe8a454d61dfb.jpg
    BML Price at posting: 36.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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