BMB 0.00% 2.5¢ balamara resources limited

56% increase, page-70

  1. 6,417 Posts.
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    I hope not! That'll only happen if we can't raise the money to quench our approx. $1.5M per qtr cash burn and so far, Mr. Yaw has been there over and over again to save the day. Hopefully that will continue, but spending $5M every 3 quarters and having to raise that money at ever diminishing share prices certainly makes you wonder where all this is going to end up.

    I hate to think about the price that the next CR/placement will be struck at and how much of these assets the current BMB shareholders ex Mr. Yaw and CI will actually end up owning.........
 
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Currently unlisted public company.

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