BPM 3.45% 5.6¢ bpm minerals limited

Ann: Investor Presentation, page-2

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    Good quick snapshot of the company and the areas being targeted.

    Options to be in the money are at 25c & 28c. If the drilling pays off then there will certainly be a re-rate, and the options in the money will be at a premium to today's price, allowing for more cashflow and further drilling of projects. While converting options will increase SOI, it will also create a solid EV with cash on hand if they get converted, to allow for accelerated drilling and further acquisitions.
 
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