Interesting comments re- Henan Yuguang & G1A. On the flip side, perhaps the Chinese partner could be favourable as leverage to improve what Australia-Chinese relations are left. I think it is important to maintain them as a minor JV for obvious export reasons. It was unfortunate for the holders on the G1A front. Agreed that there's a chance the G1A meltdown has spooked investors from similar investment propositions (AKA Sorby Hills), longer term I think it it is probably (unfortunately for G1A holders) better for Sorby if G1A is out of the picture in terms of exposure to Pb + Ag developers.
I was hoping over the last few months that BML would get an aggressive takeover offer as the opportunity was prime, however it wasn't to be. Best case scenario for holders would probably have been be a merger/takeover with a small company that is a bit more cashed up to help further with de-risking finance. Unfortunately we are face to face for now with 25% dilution.
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Last
10.0¢ |
Change
0.003(3.09%) |
Mkt cap ! $23.34M |
Open | High | Low | Value | Volume |
9.8¢ | 10.5¢ | 9.5¢ | $64.91K | 664.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 193273 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 74730 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 193273 | 0.100 |
2 | 70171 | 0.099 |
1 | 27992 | 0.097 |
3 | 106995 | 0.095 |
1 | 63829 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 74730 | 1 |
0.110 | 47575 | 3 |
0.115 | 60597 | 3 |
0.120 | 76185 | 1 |
0.125 | 70000 | 2 |
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