BML has major trust and delivery issues. Their DFS did not drop in May 2002, September 2022, nor November 2022 (I chatted with a senior company officer who put these expectations in my once trusting mind). No favourable off-take agreements have been announced to date and on the surface it appears that they will have to conduct a mega capital raising to get the project off the ground. The FID has now been pushed out some months. Their CEO is also nowhere to be seen in the public arena.
IVR Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held
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