BMB balamara resources limited

Thank-you for the kind response Fatguts, I am sure it will be...

  1. 303 Posts.
    Thank-you for the kind response Fatguts, I am sure it will be well recieved. It is important to highlight the issues and the at risk situations, Ample and thier accumulation, the degree of dilution by way of capital Raisings and the schedule time frames all need to be considered for any future investor.

    Based on the above, it is very wise to seek fiancial advise when thinking of investing into this organisation, BMB.

    On differing note, can anyone inform me or others of interest of the % loss of wealth on consolidation of BMB shares, on additional placement of shares onto BMB register since consolidation (1:10) and the numerous Capital Raisings as highlighted in a prior BMB thread. I am not good at maths, but based on my uneducated calculations, is this wealth destruction around 65%, will it continue?

    Will wealth destruction be placed further at risk once the additional 66 odd million share flood the register, 66 million odd shares to go to the international Chinese investor Ample Skill.

    What is BMB, a coal company, a phosphate company, a silver company, a gold company or a -------. Has this Coy got its branding correct? I am confussed, maybe I am not alone, maybe someone in cyber space has the same concerns, maybe not on HC though.

    Have a nice day
 
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