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.
Also to your point - silver price will dive in a recession (and...
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Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $23.33M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.0¢ | $78.93K | 745.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 284457 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 242843 | 4 |
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| Last trade - 14.35pm 22/08/2024 (20 minute delay) ? |
| BML (ASX) Chart |