"its much much more complex than that. bmn Need to find 555m to finance their construction, thats going to be difficult in this environment"
Dont want to have a go at you JT29 but the capex was expected to fall between 550-700 mill usd even before the PFS so why now it became important,all year the funding was just as difficult to get as it is today.
If this capex was such an issue then BMN would never have traded above 1.00 again after the GFC.
It was all the higher opex that created the disappointment.
Before it was lower grades that got BMN dismissed as an investment now its the high opex i wonder why anyone bothers seeing BMN wont build a mine according to some.
Seems to attract plenty of attention though.
85c support level, page-78
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