BBR 0.00% 4.7¢ bora bora resources limited

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  1. Acw
    69 Posts.
    My pleasure, with the lack of information surrounding this project I hope everybody can shed as much light as possible.

    Before the meeting I had based my timing on stocks who had conducted similar VTEM surveys (the Geotech Airborne Limited website provides quite a few case studies). This returned an estimate of late November so obviously it was interesting to hear January at the meeting.

    I think the fact that they were required to assess both the satellite images and subsequently lay it over the geo survey explains there timing. They surveyed a huge area too.

    These shares are so tightly held by management etc and I see the company in its best financial position to date so it is interesting that it is not trading up around that $0.40 region. Obviously raising funds will be a future issue but the upside from any kind of discovery should blow that out of the water.

    My current mindset is to see this stock through (however far that may be) and pending the results certainly a 2 year minimum horizon for me.

    Looking forward to some increased liquidity and action to see more accurate pricing. When people hear this story I'm sure it will catch on quickly.

    All pure opinion- dyor
 
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