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5.4¢ greenwing resources ltd

Ann: Bass negotiates substantial reduction in acquisition payment, page-111

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cazz69

10,002 Posts.

544

16/12/16

15:17

Post #: 21395036
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Originally posted by Younotme ↑

Sorry yes i stuffed up the financial years.

From 30th june 2015 to 30th June 2016 Bass is claiming that Graphmada exported 1500 tonnes. Which is why they included in their literature the export figures and a cute little chart for Jan to April of THIS year (2016) right next to the statements 63% Large to Jumbo @94% TCG.

Bass being an australian publicly listed company has to quote figures in our fiscal format which begins halfway though the year. Which is why they included the export figures for Jan to April of this year (2016).

What Bass claims in their literature was mined at Graphmada last year should have 'grossed' very close to 1 million USD for the previous owners.

This is the hype they are using to attract investors. So where is it? Where are the sales from the supposed 63% large flakes @94TCG?

This IS what Bass is claiming is it not?

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I think Loharano Lad has already pointed this out to you. You are clearly getting mixed up with your reading and comprehension. With Stratmin selling some 498tonnes of Graphite concentrate(about a third of the tonnage BSM have quoted sold in 2015) in the three months from September to November 2015, the average price was around$500US a tonne.

Last edited by cazz69: 16/12/16

BSM Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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