-
Share
8,033 Posts.
566
26/06/17
15:30
Share
Bdr has had 2 capital raisings in 2 years.
Raised $100 million.
Cash at hand this quarter under $50 million.
I would put a fair value of 26 cents this quarter
As the quarterly wont be good.
If the POG heads over $1300
Then the SP could be worth 35 cents by Sept quarter.
Shorters where able to cover with Vanecks selling.
Now they are free to send prices down further.
It will take gold to head over $1300 to get some
Of the goldies to move.
Imoo
Cheers