... Mr Craig McGown, stated that "Bass Metals ... will benefit from his experience ... in the strategy and growth of emerging miners to the point of acquisition or merger to create a larger enterprise ..."
I wonder if this appointment is an indication that Bass sees the real possibility of being taken over in the medium term? One or two posters recently mentioned PGI as a possible suitor, given their expertise in the Albion process, and later this year they will probably begin to accumulate significant free cashflow from their soon-to-be-commissioned project.
With such a low BSM SP, as at present, such an eventuality would hardly make us all wealthy but if we could return back over 20c then a T/O bid price would be far more tasty. I guess it all comes down to the same old thing for the near future; i.e., getting reliable cashflow established from Fossey and proving up new resourses nearby.
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1 | 111118 | 0.027 |
Price($) | Vol. | No. |
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