I feel for BGL shareholders, just been going back over the recent announcements and if the MoM guys are right this is not just the usual dip on the CR - they really have a challenge ahead to mine sufficient ore in coming quarters to fill their mill while they are trying to develop and add infrastructure.
I agree @Peppie - I first thought this might scare people off SPR but the more I look they are chalk and cheese - because of the debt (for a start). With a Market Cap in the mid $1.5bn region I think SPR shareholders would prefer a CR for whatever startup capital is needed (I certainly would) to keep the wolves away and create space and time to be strategic during startup. I also think the market may now actually pay a premium for SPR because it has no debt. This video by MoM is looking spot on right now in terms of funding using debt (starting at 14:55)
https://youtu.be/aUjqYB7Dop8?si=aVtJZKcf-AoPH1um
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I feel for BGL shareholders, just been going back over the...
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Last
$1.46 |
Change
0.160(12.4%) |
Mkt cap ! $1.610B |
Open | High | Low | Value | Volume |
$1.32 | $1.46 | $1.31 | $59.53M | 41.22M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 900 | $1.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.46 | 72681 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 900 | 1.445 |
1 | 2750 | 1.440 |
3 | 120000 | 1.430 |
2 | 100000 | 1.425 |
3 | 150000 | 1.420 |
Price($) | Vol. | No. |
---|---|---|
1.460 | 72681 | 4 |
1.470 | 379862 | 3 |
1.475 | 227246 | 3 |
1.480 | 67296 | 4 |
1.485 | 377862 | 2 |
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