BMB balamara resources limited

proceeds from illegal source, page-24

  1. 1,190 Posts.
    If they go for CR option, they wont wont to time their "out of. funds period" to be Sept, as thats when Togo decision is likely.

    You could potentially get a double whammy - unfavourable Togo decision and low on funds. Imagine what that would do to the sp. 3 cents max.

    Therefore a $5 - 6 million plus CR minimum. I think the intro of an major equity partner could be on the drawing table.

    Above only assumes the Balkan sale is off.

    Fortunately im cashed up.
 
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