That's very good research Valinvestor. I didn't even realise Polarity B got more than allocated.
$43,216 raised (than refunded) in July 2013, directors probably didn't subscribe any.
Than MASSIVE drop from 1c to 0.2c PLUS free options. "Give me money or else..." That rang my alarm bell. I had to subscribe or dilute to nothing. I couldn't believe people actually paid for my options while I got them for free. 2c++ BMLOB was too good not to sell.
Don't forget nickel and copper prices were very good back in 2013 compare to 2015.
Current sp at 0.6c and nickel price is about $4. IMHO the next 2-3 placements will need to be around 0.2-0.4c, so IMHO most likely will double number of shares on issue. BMLOB holders will get even less and not entitle to any raising/placements. I still cannot understand why anyone wants to buy BMLOB?
HC needs to have another site for BMLOB holders.
Option holder site???
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