BMR ballymore resources limited

Ann: Dittmer Stage 5 drilling on track to start in February, page-5

  1. 11,370 Posts.
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    A further point of interest which I should have mentioned is the strong cash position.
    $231k on staff and corporates - $1492 k on exploration (excellent ratio) for total quarter burn of $1723 k leaving $4146 k available for 2.4 quarters spend.

    So there is cash for the 1000m deep diamond drill into the deep magnetic porphyry target. I am looking forward to that result, and further drilling in due course. Having a super high grade historic gold mine at surface with a big deep finger pointing at it is a no brainer for excitement.

    Not advice.
    Last edited by JandJ: 30/01/25
 
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