BMG 25.0% 1.0¢ bmg resources limited

Ann: Proposed Transaction Update, page-26

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  1. 3,944 Posts.
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    This deal doesn’t sound that sexy. The market cap of euromaxes is 40 million and has been falling for a year while metal prices are rising. BMG are acquiring a few of their projects so after all the dilution you’re maybe looking at 15 million cap with a few million cash.

    I suspect it’s low grade too.
 
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