sir nearology

I dont understand how Sirius can raise $44 million at $2 per share representing less than 10% of the company , have a market cap heading towards $1b , when BOA share their fence line and sit smack in between SIR and BUX but almost hardly trade at a market cap less than even the SIR capital raise

Seems to me no one either believes BOA has Nickel as well the gold the IPO mentioned or it is simply not been introduced to the bigger end of town as yet due to its short listed life and small board size .

SIR investors who tipped in the 44m are up 20% already with massive turnover and claims this could be the biggest discovery in 5 years in WA yet BOA who is 500 meters from Tethis and shares a fence line only traded about $10000 of stock for the day