Am away at moment so post be relative short.
The opex number is slightly higher (US$4-5) than i would have hoped for but capex is lower. Plenty of scope to reduce opex but contrained by pfs process.
Cant really see why aussie investors want to get so negative. It takes time to build a mine and all the technical work has highly succesful. Forsys has lower grades, smaller resource and higher costs but is Canadian and therefore has double the market cap.
As Len said on conference call - they have had a number of approaches on buying/investing in bmn but have been told to go away until pfs out. Now they will start circling....this is never done a discount but a major premium so the ball is now in play!
Wake up and see what is going on....if you understand what is really going on with government utilities you will realise the rewards that will now come sooner with pfs out.
I hold tight and am frustrated with immature Australian investor base...
Am sure it will bounce back soon after knee jerk reaction!
Am away at moment so post be relative short.The opex number is...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.30 |
Change
-0.170(4.90%) |
Mkt cap ! $589.4M | |||
| Open | High | Low | Value | Volume |
| $3.41 | $3.42 | $3.29 | $1.679M | 503.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1784 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 8000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BMN (ASX) Chart |