To play devil's advocate, why don't we just keep drilling until we find every last bit of silver, lead and zinc. Then release the DFS, who cares if it is 2030 and we have been diluted to smithereens.
How about management just sticks to their plan and targets, get a DFS that is robust complete, get a mine financed and built, get some positive cash flow after the first few years, then run a huge drill campaign from this free cash flow and extend the mine life...
Also my understanding is that drill results being included into an updated DFS MRE is a big process and needs to be fed back into the mine plan, optimisations, consultants involved etc etc, not a few weeks task. Happy to be corrected here.
I think it's about time management start under promising (H2 for DFS in my opinion was under promising) and over delivering. Tick tock, end of H2 is rapidly approaching...
As always appreciate all the different views and perspectives. I think at the end of the day, we all want the same thing. To see BML be successful and see share price appreciation that is deserved.
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Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.5¢ | $9.015K | 83.53K |
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No. | Vol. | Price($) |
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13 | 1166857 | 10.0¢ |
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Price($) | Vol. | No. |
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11.0¢ | 194115 | 3 |
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2 | 87000 | 0.099 |
1 | 5000 | 0.096 |
2 | 62600 | 0.095 |
2 | 55554 | 0.090 |
Price($) | Vol. | No. |
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0.110 | 194115 | 3 |
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