From all recent activity reports and presentations, BMN have alluded that there would be a new resource update by end of September. It is disappointing that BMN continue to miss target dates when it comes to informing the market. They still have a lot of improving to do on the PR front.
Lets hope that the announcement is not delayed too long as the SP needs a kick along to get it out of the malaise that its in and the first stimulation should come from the resource update.
Of course the rocket up its backside will come from the granting of a mining license and the getting into bed with a major corporate partner.
BMN Price at posting:
32.5¢ Sentiment: None Disclosure: Held
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