BMB 0.00% 2.5¢ balamara resources limited

Ann: BMB Secures Investment in Nowa Ruda Project , page-40

  1. 418 Posts.
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    re: Ann: BMB Secures Investment in Nowa Ruda ... Bill, your comment intrigues me - you say -

    Regarding Ample was purely on the thought that the $15m may come before the shareholder approval meeting was arranged. That is still possible but I have learnt that the equity in the holding bank is down to nil. I would have, actually did email a suggestion, to place an effective injunction on those funds.

    So "the equity in the holding bank is down to nil"

    How could you possibly know that ? BMB has advised us that the buyers include one party who seems to have gone cold on purchasing the Balkan assets, but BMB still expect the transaction to go through including interest for late payment.
 
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