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Save your seatBMLQF ran from roughly $0.12 to $0.52 over the last year off Sorby Hills funding, final investment decision news, and final construction approval, then faded back to $0.29.
A failure to hold $0.25 could see a retrace toward $0.18 to $0.20. Any delay in construction, funding drawdowns, or weaker silver prices would accelerate the downside.
If BMLQF holds the $0.25 to $0.29 area and silver stays firm, a move back toward $0.38 to $0.45 is on the table. Resistance near $0.33 is the first hurdle, then the prior spike zone near $0.40 matters.
We don't currently have information about Boab Metals Limited's earnings.