Also to your point - silver price will dive in a recession (and you wont be able to finance a mine) prior to the silver price recovery and "massive gains" these are years long cycles and further indicate its a horrid time to invest in micro caps if you think a recession is coming (the reason for rate cuts).
If commodities fall out the arse, BML will be worth little more than cash pricing.
Michael Oliver calling for US$50 Silver by November buckle up !, page-445
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $36.17M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $215.6K | 1.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 581013 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 115597 | 1 |
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| BML (ASX) Chart |