SI6 0.00% 0.2¢ si6 metals limited

extension granted whats next for bml

  1. 316 Posts.
    It has been a long wait but the extension has been granted from what I understand 2 years from the end of this month and BCL are ready to commence drilling... IMO short term we have a large drilling program with plenty of results and a small capital raising for admin costs ( I think that will go to institutions or investors now the risk factor has diminished)...medium term we have BCL who want to progress to mining asap and have the political power to make it happen , the equipment and the dollars and longer term we have plenty of drill targets ready to go over the rest of our leases so it will be interesting to see were we end up over the next 12-18 months...IMO I think BCL will make a cash offer for the 3 area's and with the options in the money will cash BML up for a seriously good tilt at another discovery which BCL have the first right of refusal in any JV...I also think PV needs to be congratulated as of the latest top 20 he has about 25% of the company and has placed some serious personal wealth on the line he has worked for the past 7-8 months for nothing to make sure BML survived a big effort something that we don't see much of now days with some other companies... GL all especially those that have been in this for the long term we are about to see the rewards for patience.

 
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