BMB balamara resources limited

Happy New Year maybe. 6m thick anthracite seam at NR, page-9

  1. 6,456 Posts.
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    The problem is that nobody currently believes that BMB is worth the $62.4M that a SP of 10 cents now equates to. Something would have to happen that would mean that the Company was worth an additional $38M to get us up to 10 cents. In this market that won't happen on a whim.

    It makes me cry to think that when I first got into this company, a SP of 10 cents equated to a market cap. of $9M, ... not $62M!
 
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