BON bonaparte diamond mines nl

surprise surprise increased offer, page-32

  1. 6,475 Posts.
    lightbulb Created with Sketch. 60
    Logical to the insiders I'm sure. I've been thinking it over again this weekend. Can drawn two conclusions :
    1) Price possibly is being pumped from the careful feeding out of information
    2) The information possibly being fed out is not all that fantastic eg Offtake Agreeement, otherwise the MAK sp would be a lot higher.

    Note: Very 'coincidental' that the Small Cap Adviser article should come out at this point in time.
    Also, MAK at 61cps is still lower than the last pump to the low 70s. An offtake agreement would have seen the sp go much higher in the couple of days.

    Cannot imagine that MAK will be worth anything more than 53cps (probably lower) by the time the BON are converted.
    I will not be taking up the MAK offer for my BON.
 
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