Yes, the BML valuation is possibly trumped up to make the Red5 offer of 1.6c look totally inadequate. It does look like RDG is playing the white Knight in this gambit. Can only trust that RDG will gain substantial income from the mine development that BML will undertake in the future.
Ann: RDG To Acquire 30% Interest in Gold Project Joint Venture, page-9
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Mkt cap ! $23.60M | |||
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