BML 4.76% 11.0¢ boab metals limited

WSB/potentIal PM sQuEEze, page-411

  1. 9,821 Posts.
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    imo you are all correct to a degree.

    its cheap on value basis - but you only get value priced into an sp once it hits production

    its underperformed the silver peer group comprehensively - so any trader has to look at that.

    traders set daily price because they price spot momentum - value/dcf buyers are basically smart but stingy and look to buy weakness

    there is an increasing background bid coming for lead stocks judging by g1a - which may increase the more talk there is of commodity supercycle 2. though hard to tell how BML's 3.3% trades vs an 8% lead play.

    and behind that - is there a monty ripper soon to drop and trading money is getting the old ropeadope?

    It would be unusual to do a 25:1 consolidation without having a major news drop lined up for shortly after

    id be doubtful many voted for the consol expecting this long a delay before it dropped - and that would also be a factor














 
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