BML 6.82% 10.3¢ boab metals limited

Regal still offloading?, page-3

  1. 11,709 Posts.
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    The sooner they are all out the better! With the volume of late, I would say they are below 3% by now. Unfortunately this is all part of capital raises, as instos get their discounts and can usually sell at a profit afterwards. Imo they will regret their sell timing, because in the next 3-6 months there will be plenty of drilling and offtake news to get interest arriving, which should help the BML share price rise above 20c again Imo. Once Regal are all out, there will be a lot less sell pressure and more gaps on the sell side will be evident. A good time for retail to be entering now in my view. Silver and lead prices are looking very bullish and after a period of little news, we are about to get a lot more newsflow to round out 2024. Everything is starting to come together and if we get discovery type news from this drilling and really increase the resource size, we will never see these prices again Imo. I have recently averaged down to take advantage of this.
 
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