XSO 0.72% 3,136.7 s&p/asx small ordinaries

In reference to Ben Pauley's post MMA at today's price offers 17...

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    In reference to Ben Pauley's post MMA at today's price offers 17 times, at the Capital Raise price of 24c it is over 19 times. See the chart below.

    Australia ASX: Multi-metal or polymetallic miners provide the best leverage to the price of silver. A fact broadly misunderstood.Mining costs are paid by other metals and the silver revenue can be totally unhedged and 100% leveraged to the price of silver.

    The best example in Australia as demonstrated by its DFS is Boab Metals, $BML. $BML is similar to $ADT (Adriatic Metals), though $ADT has its mine in Bosnia, is more advanced and has just started producing. Entry into $ADT is expensive compared to $BML and $BML offers much greater return multiples at this point in time - 17.31 times compared to 4.35 times. See the chart below.

    I suspect that $MMA (19 times at the Capital raise price of 24c) , $RDM and $ARD will be the same though they have not done feasibility studies yet. #silversqueeze

    https://hotcopper.com.au/attachments/image-png.6206689/?temp_hash=9c4cf206a192299e560275df3b1c9be2


 
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