ION 7.69% 1.2¢ iondrive limited

Think some people are missing the point - the BMV finance...

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  1. 223 Posts.
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    Think some people are missing the point - the BMV finance package would not happen without the 50m SAU shares to allow the investor to take an equity position. Plus another $900k into the company coffers for its own gold plays (and hopefully dd costs in another jurisdiction).

    SAU now at a $4.4m discount to its cash and BMV shares - I cant see anything else at such a discount (even with the current market sentiment).

    Excellent BMV news last week also:

    https://hotcopper.com.au/data/attachments/4386/4386331-3fbd7e8e9f7c6992f0db7cf11011d261.jpg
 
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