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strauss

22,120 Posts.

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14/07/16

23:19

Post #: 18274233
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Originally posted by Need10Bags ↑

Hi @strauss, just wanted to clarify how you got 0.5c cash backing for BCN when in their Quarterly they only had $465k cash. Did you include what they will receive from their recent purchase agreement? Still learning and just wanted to clarify if my understanding is correct.

Thanks in advance.

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Yes, check my post over on BCN thread

Ore sales will get them $7.45m net of costs add that to the $465k and you get $7.9m with 1.5B shares that's just over 0.5c+
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