BMR 13.8% 12.5¢ ballymore resources limited

Hi PokerI have been doing more DD on BMR I am now thinking the...

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  1. 2,114 Posts.
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    Hi Poker
    I have been doing more DD on BMR
    I am now thinking the cheapest restart at Ditmer will be a step out from possibly the level 5 underground.

    https://hotcopper.com.au/data/attachments/6423/6423369-8baafc153482de2ffc26071ca26d8e7a.jpg

    There has been no mention of future processing that I have read, what plant is onsite within the ML ? or will it be toll processing?

    Is the displaced lode within the existing ML? I assume so but assumptions can be very costly.

    Regal are a scourge on the registry due to their algorithmic trading but their money has helped BMR with exploration, rock and a hard place.
    Oct 2022 Regel participated in a 16 cent placement taking 12m shares
    By Dec 2023 they had accumulated a further 12m shares at an average price of about 13 cents
    They are now selling, let's see how low they wish to push the SP

    I wonder if there are plans on doing a PFS, FS, DFS for Dittmer ???



    Last edited by Bayhunter: 31/08/24
 
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