BKT 1.85% 5.3¢ black rock mining limited

Ann: Mahenge DFS Enhanced with Addition of Fourth Module, page-4

  1. 291 Posts.
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    eDFS complete. Now 16% free carry interest confirmation remaining followed by financing announcement... exciting times (hopefully).

    Based on the announcement there seems to be considerable interest in the project regarding financing, with the eDFS an additional criteria requested by financiers which has now been completed with excellent results improving project economics. How is the stock still sitting at $50m market cap, is beyond me? You'd think at this stage the probability of receiving financing would greater than 50% and the current SP is definitely not reflecting this probability...
 
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