BML 1.15% 8.6¢ boab metals limited

Recently, you needed 124 bars of silver to buy a bar of gold the...

  1. 2,323 Posts.
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    Recently, you needed 124 bars of silver to buy a bar of gold the same weight.
    In the year 2019 the average was 87 bars to buy one Gold bar
    Today, you only need 79 bars of Silver to get a bar of gold.
    Its happening just like they said it would, just took a lot of years longer but thats all good. And we haven't sold an ounce of our deposit yet but it wont be sold at $16 per ounce I reckon.

    With quite an impressive range of talents posting here I would like to float a few questions;
    Is it the plan to produce a concentrate of base metals to send to China.
    Will that concentrate include the silver or will we extract that for further refining in China.
    Has anyone knowledge of any Gold in the deposit?

    Hoping we have not signed up already to sell our product at an old price.
    Also hoping todays Aust Govt decision to protest Chinas South China Seas expansion does not affect our arrangement
    with our Chinese Govt 25% partner, Henan Yuguang, China's largest lead smelting and silver producer.



 
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