I don't know too much about this company, however I have heard people say this one will go up 10-20 times.
But looking at its cashflows, its burning cash pretty quickly and it doesn't have much left. Maybe 4-6 months worth at best.
If its worth so much, wouldn't someone have already come in and taken over it? Apparently the mining companies around BSR's tenants are pretty big companies making good money. If that is the case, at $11 million, isn't BSR a bargain?
Any thoughts?
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how long can it last?
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