BRV 0.00% 35.8¢ big river gold ltd

Hey benerick, I think the most likely reason they cannot provide...

  1. 11,818 Posts.
    lightbulb Created with Sketch. 6401
    Hey benerick, I think the most likely reason they cannot provide good news, is they have none.

    I sold quite a few shares at $0.17 a while back, to simply reduce my overall position in CAS. They have really disappointed me. I think that having the Copolus group has become a bit of a negative, as they probably feel like they can just keep spending knowing he will support it etc.

    Anyway, very jaded now. But as you say, $22 million MC is low for the assets CAS has, but with their net debt position likely now negative again. Its a bit of the dog chasing its own tail.

    Sigh.
 
watchlist Created with Sketch. Add BRV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.