This stock is a very speculative play. It's potential is based on "nearology" - the hope that the vein that has made Oz minerals what it is today runs under the ground that Brighton is exploring.
There have been some promising early finds. I hold a large number of these shares and have invested in BTN well before the float. But lets not forget this is highly speculative - it could create a lot of wealth but I am under no illusions that i could equally do my dough.
BTN floated 6 months ago and we are really still no closer to knowing if BTN has anything here. It will be months if not years before the full extent the value of it's holdings are known.
At least one thing going for Brighton though- Jonathan Remta has well and truly put his money where his mouth is and is very committed to seeing this one through to the end. If it goes well, full credit to him.
Lets hope the drilling results are great - if there is to be a capital raising later this year better at 40 or 50c then 20.
BTN Price at posting:
21.5¢ Sentiment: LT Buy Disclosure: Held
