Yes, greenknight, I am pretty excited at the potential here. A real undiscovered gem.
It has been really easy to build a large position in this falling market for BVP shares. I thin alot of people who bought for the Pt are selling down. It suits me.
I think they have a good stategy to develop a Cu mine at low cost in an area of known mineralization, and look at the Pt much later, after the company has re-rated.
They already know the mineralization extends onto their ground.
No buyers at the moment because of the lack of knowledge on whats actually on the tenements, despite prior drilling. I sure would like to see te results of past drills.
And completely surrounded by equinox at one of the projects! What a coup!
As I said, I bought UKD at 8.6c when it announced a similar change of direction, and I am now a happy UMC shareholder with 1000% profit.
It is almost a reverse listing, and I am sure the vendor will do well out of this also. Note that the 30m shares are only if they achieve a NPV of over USD 200m !
I would be more than happy to issue 30m shares worth 6.5 million for a 200m NPV!.
lol. It's all good.
BVP
bushveld platinum limited
