BTV batavia mining limited

The Deflector project has burnt a string of eager companies and...

  1. 1,843 Posts.
    The Deflector project has burnt a string of eager companies and shareholders. I bought my first ever large holding of a company prior to the demerger, and topped up on the belief Deflector could be a company maker. Clearly this was misguided. I sold most at a loss, but still hold a few. There are clearly people on this thread who believe deflector has value (or else there are some very dedicated rampers - or both!), but where does it have value. Have management let out any indication as to how the project can get the green light?
    I understand many people are sitting on massive losses, but why stay in bed with a team who have actively misled investors and dissapeared into a hole for the last few months.
    Does anyone have any projected figures as to where the gold price would have to go to make deflector a goer. And how management can stir up enough investment confidence to try to finance this for the umpteenth time.
    Personally, I like a punt, and am happy to sit on my small holding 'just in case', but would be interested to hear the rationale behind the larger holders dragging themselves through this mud..
    goodluck and cheers to all fellow BTV gamblers!
 
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