Will BML be a near-term producer as widely advertised for some time now? I guess 2027 is near-term Igor getting a mine up and running.
My thinking is that all the achievements of the last few years point to a mine and also a management that is confident. But doubt lingers for some probably because we seemed close to FID some years ago. Now it’s all about financing and whether that can be locked in. It’s all about FID because the main achievements towards a mine are all dependent on FID …. Offtakes, purchase of the mill, and purchase of the remaining 25%.
Surely management must be confident about financing to spend some of our last remaining $s to buy the mill?? And to set up the purchase of the 25%. You don’t do that unless it’s economic and attractive. And unless you know more funding is in the works IMHO.
How about this idea … we take on a new Aussie JV partner to help with financing. This would also aid in potentially getting NAÏF funding too given how small BML is .
H
BML Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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