hahahahhaha
BMX is long term, but sometimes its fun to look at short term movement, the trend will be up, but its fun to watch it do little runs up and down which all upward trending stocks will do.
The funds won't get completely set till it gets closer to next ASX 300 inclusion. There are a lot of funds already in, eg Acorn which bought most of SGW's stake smartly.
The next few week's I'll be topping up. Long term I think BMX could pay a dividend.
Report looked nice, a small profit, and they havn't start mining the real operation yet. With Zicron at $700 and ILU raking it in, funds will certainly take a keen interest once it becomes fully operational towards the end of 2006.
Project is on schedule and on budget. Let the cash roll in...
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bemax resources limited
green today the funds read the report, page-11
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