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14.5¢ bligh resources limited

Looks like all the CN and Options cash needs sorted from the...

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sa424242

22 Posts.

12/09/15

15:46

Post #: 15981309
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Originally posted by woof123 ↑

Intresting read lots of bonus options and rights issued to the board not sure why? Perhaps they might do something one day.

Two of the points are re SRM - I assume they are making space for the two possible SR mining share issues, One alos has to assuem they will need every cent so need the spare capacity to raise more money.

I also went back and read the Terrain mineral Con Note if Terrain dont excersise before 28th Nov 15 Bligh have to Pay Terrain $200,000 cash not sure re the other party i could not find the details. I cant see Terrain converting for shares at 5c when you can only sell them at 2c? her comes more dillution guys another capital rasing. And no works program leading into it??????

I looked at the Tasman web page and Rob Benuse the old MD is on the page? what a joke.

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Looks like all the CN and Options cash needs sorted from the 50/50 JV~

Also a feaso and Plant to come all at cost of giving up 50% of the project... solid move!?

BGH Price at posting: 2.2¢ Sentiment: None Disclosure: Not Held
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