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Ann: Technical Due Diligence Update, page-16

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ArielStarr89

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25/05/18

13:00

Post #: 33308717
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Originally posted by Wolfee ↑

Wow it’s great to see such a lack of interest here in BMZ.
This is great thing..
From what I can gather is that punters are sitting on the sideline waiting for those 2c shares to be dumped,
That’s never going to happen I’m sorry to say.
History of most SPP shows that the price declines and selling stops once the deadline date of the SPP arrives.thats already here!
Punters usually won’t sell there allocated issue from the SPP and what usually happens is that investors wanting to participate to profit immediately will sell there heads straight up to cover the cost of the SPP whilst pocketing a return.
Many punters wanting to enter will be buying next week and I believe and most will be surprised by the push.
Maybe punters who think there going to get filled under 2.6c should see how many shares directors and top 20 own
I’m expecting 4c+ short term
I also think the fact that we have mining licence validated is being overlooked by the market.
Also a a major catylst to our increase in value
will come when positive AVZ Mets come to hand,which shouldn’t be long..
BMZ And AVZ geology appears identicle
Also AVZ will establish off takes and investment as JORC is applied next month so no doubt Chinese battery manufactures that miss out and have no supply will come knocking for potential DRC Lithium at a premium.
I believe all DRC plays are significantly undervalued and are set for a major Re rate
BMZ included and looks to be a true multibag play from here

Expand

Originally posted by Wolfee ↑

Wow it’s great to see such a lack of interest here in BMZ.
This is great thing..
From what I can gather is that punters are sitting on the sideline waiting for those 2c shares to be dumped,
That’s never going to happen I’m sorry to say.
History of most SPP shows that the price declines and selling stops once the deadline date of the SPP arrives.thats already here!
Punters usually won’t sell there allocated issue from the SPP and what usually happens is that investors wanting to participate to profit immediately will sell there heads straight up to cover the cost of the SPP whilst pocketing a return.
Many punters wanting to enter will be buying next week and I believe and most will be surprised by the push.
Maybe punters who think there going to get filled under 2.6c should see how many shares directors and top 20 own
I’m expecting 4c+ short term
I also think the fact that we have mining licence validated is being overlooked by the market.
Also a a major catylst to our increase in value
will come when positive AVZ Mets come to hand,which shouldn’t be long..
BMZ And AVZ geology appears identicle
Also AVZ will establish off takes and investment as JORC is applied next month so no doubt Chinese battery manufactures that miss out and have no supply will come knocking for potential DRC Lithium at a premium.
I believe all DRC plays are significantly undervalued and are set for a major Re rate
BMZ included and looks to be a true multibag play from here

Expand

''Maybe punters who think there going to get filled under 2.6c should see how many shares directors and top 20 own''

You ramp too much

BMZ Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Ann: Technical Due Diligence Update, page-16

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Is oil undervalued?

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Cost blow-out for Rook I uranium project sees share plummet for NexGen

GreenX picks up prospective copper project in Germany

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Buyers (Bids)

Sellers (Offers)

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Ann: Technical Due Diligence Update, page-16

Top Stories

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Is oil undervalued?

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Cost blow-out for Rook I uranium project sees share plummet for NexGen

GreenX picks up prospective copper project in Germany

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News