Broken Hill Prospecting (BPL)
Announced today the discovery of zinc/lead/silver deposits as well as gold, copper, iron, etc:
Stratiform Broken Hill Type (BHT) Copper-Lead-Zinc-Silver deposits
Copper-rich BHT deposits
Stratiform to stratabound Copper-Cobalt-Gold deposits
Epigenetic Gold and Base metal deposits
Results from VTEM aerial survey of 65km/sq.
Such a small number of shares on issue (147m) and the Top 20 hold at least 55% of these.
There's only 66m shares outside of the Top 20 for everyone else.
My view is that this stock is a multi-bagger and in short order.
The lead price is the highest it has been in 5 years:
The zinc price is the highest it has been in 5 years:
BPL is on the cusp of creating an entirely new project on the back of this.
Not to mention the cash payments, NSR and 100% of iron ore [and other metal] credits that BPL gets from the COB cobalt JV.
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