Largest shareholder of BRV, project ready to go, improved DFS, close to finance and company will needs to raise circa $25m USD+ as part of the equity portion. BRV's IRR based on POG $1700 has an IRR of 60.2%. IMO, that is where his money is going, wants to maintain the lion's share of his baby. Was was Executive Chairman there at one stage.
Not long to go now till he is done selling, we might even get lucky and see him sell the lot at 1.1 cent. That is the only way to clear it quick, but he is in no rush with the Pandemic slowing things down over in Brazil....
IMO, another 3 weeks, the SC sell wall will go, perfect time for the next phase of drilling to commence.
The Ridge, Mcintyre & McLaren going to be money!
Largest shareholder of BRV, project ready to go, improved DFS,...
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Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $2.832M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $2.619K | 200.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 349000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 136723 | 2 |
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| Last trade - 13.09pm 28/06/2024 (20 minute delay) ? |
| MDI (ASX) Chart |