BMB 0.00% 2.5¢ balamara resources limited

Ann: BMB Secures Investment in Nowa Ruda Project , page-10

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    re: Ann: BMB Secures Investment in Nowa Ruda ... genuine question here, considering that we have not produced anywhere near a required jorc standard asset and therefore cannot confirm or deny what is in the ground how has this 36 million dollar valuation come about?

    it just seems made up to me without seeing a definitive calculation from the company and/or a professional.





 
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