Check out the silver price tonight! We just hit a 10-year high and about to break $30usd. It is going nuts. Lead is also threatening $2300usd.
Everything is lining up perfectly now. It is now all up to management to choose the best offtake and funding options.
This raise has bought us time and IMO it is a tactic in negotiations. The offtake partners and financiers probably thought management may have to agree and accept things on their terms because cash was running low. The new CR dollars now mean we have time on our side and the offtake partners and financiers now have to change the terms to suit the interests of BML. Once this CR dust settles, I can see the share price rebounding quite rapidly IMO. I have taken up my full CR entitlement and I will probably buy more on market before the week is out. I have seen this share price rebound on many occasions and it is inevitable it will happen again. The perfect time to average down right now!
Check out the silver price tonight! We just hit a 10-year high...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $26.84M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $20.10K | 174.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 475673 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 4701 | 1 |
View Market Depth
| Last trade - 15.58pm 04/06/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
-0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 11.5¢ | 11.5¢ | 191833 | ||
| Last updated 15.09pm 04/06/2024 ? | |||||
| BML (ASX) Chart |