re: Ann: BMB Secures Investment in Nowa Ruda ... Spot on DC on...

re: Ann: BMB Secures Investment in Nowa Ruda ... Spot on DC on both counts.

$36M increase in value in the first 11 months of owning the project.
Fantastic result. Just shows what a good deal it was to acquire NR for just a licence fee.

Also great to see that they are fast tracking all aspects of the BFS and that there will be no CR and dilution at the BMB level.
Great news.

This deal with Ample Skill will also ease our reliance on the Balkan deal.
Over the last few weeks I've had few chats with BMB's Perth office and they are still very confident that the Balkan deal will happen.
As previously announced, BMB is ready, willing and able to finalise this deal and that the delay is solely caused by the buyers side.
I was told that the buyer definitely wants to proceed with the deal as soon as they sort out some issues.

Hey, we could end up with $20M in cash.

As I've already mentioned last month, I'll be in Europe in the next few weeks and will pop in to Poland to have a chat with our management and might take some photos of the drilling rigs (time permitting).
I'll keep you advised.

Cheers.