Ann: Restructured $4m Equity Raising, page-38

OriginallypostedbyMIStragic

So,whyistheresooolittleaction-coulditbethatBMVisgrosslyunderresourcedorthattheseoldgoldminesarenottheeasypickingpreviouslysuggested.Coulditbetheplanwasalwaysto"putlipstickonthepig"andhopesomefoolwouldbuyit?

"Soo little action." Well, the recent rise to 16.5c (now back to 15.5c) is starting to recognise the under-valuation versus BMV.

Of course, BMV benefits from the AIM listing in London. AIM is a far more active mining market - just take a look at the volumes of BMV v. SAU.

SAU could perhaps consider an AIM listing; and perhaps even dispense with the ASX listing altogether - depends on costs of course.