SI6 50.0% 0.2¢ si6 metals limited

should bml be taken private?, page-13

  1. 2,892 Posts.
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    Compare BML (market cap $10m) with WCN (market cap $8m)...

    WCN owns only 45% of only 83km sq project in politically unstable area Kyrgyz Republic, and possibly lack of infrastructure. Their results range from 0.2-1% copper (low grades).

    Hebei Mining pays $6.56m to buy 44% shares in T2G (T2 Gold), T2G owns other 45% in that copper project in Kyrgyz. So about $14.9m for 100% of T2G and T2G ONLY owns 45% of low-grade copper project.

    I know a bit of assumptions, but still BML looks very cheap IMO.
 
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