BOA 0.00% 2.3¢ boadicea resources limited

While the drop in share price has been disappointing...

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  1. 400 Posts.
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    While the drop in share price has been disappointing unfortunately a falling tide lowers all ships, and BOA as most explorers in the micro end of the market has been impacted by negative sentiment. However we are far from sunk.

    In terms of commodity risk, gold is about as low as it gets.

    https://hotcopper.com.au/data/attachments/6399/6399244-dab436cba02670446414a7a3df1fb52e.jpg

    BOA has exposure to antimony via the JV its Trigg Mining (saw a 60% increase last week on the potential of our Drummond Project ), 10% free-carried on a portfolio of projects including EPM 28419 and EPM 27752.

    From Trigg's 5th September asx announcement.

    https://hotcopper.com.au/data/attachments/6441/6441816-7e525a0aa252aad660193b6de3b30138.jpg


    https://hotcopper.com.au/data/attachments/6441/6441813-825fefcf425a614b882a56a65888983d.jpg




    Cath has an excellent reputation as not just as an explorationist but as a dealmaker. I am optimistic that our MD can leverage value from current tenements or as an asx shell.

 
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