BMB balamara resources limited

Pretty disappointing outcome, hard to see how a 33% reduction in...

  1. 258 Posts.
    Pretty disappointing outcome, hard to see how a 33% reduction in asset price coupled with a long delay before any of the funds are received (if ever, a lot has to happen on that front) is a positive step (never mind a best outcome). I suspect BMB will be going into the drawer under the bottom draw for a while.

    Until the coal assets start to produce, and that is a brave statement on it's own, hard to see any appreciation in the share price without a positive Togo result.

    Shame, everything seemed pretty positive 12 - 18 months ago but now there is not much to be cheerful about, we seem to be more behind than ever.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.