BMB 0.00% 2.5¢ balamara resources limited

Ann: Positive Pre-Feasibility Study for Mariola Project, page-6

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  1. 2,211 Posts.
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    report does read well. but they failed to point out clearly, "what's next"

    read it in detail you see they are looking at debt & equity capital raising, finally they are looking beyond just straight equity cash grabs.

    I think it definitely was a premature move with the de-listing announcement, and ultimately that's what cost a lot of us money - that announcement saw the share price drop ~50% overnight. to be fair, it has bounced back, and if the current price and liquidity are suitable enough for the company not to de-list, then there's going to be a lot of pissed off ex-holders, myself included.

    I will not be investing here to regain my previous losses however, the risk is too high that I may lose even more!
 
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Currently unlisted public company.

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