BMO 0.00% 0.7¢ bastion minerals limited

Ann: WA Project Acquisitions and $2m Capital Raising, page-49

  1. 50 Posts.
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    At 1.4c thats nearly cash backing, so unless poor results from here this might be a case of BMO seeing 5c before it sees 1.4c again. Dont know how you can be patient with Speccies? I mostly only make money on speccies when impatient...

    IMHO cash burn with speccies means they should be traded in their early years while keeping a "core" holding(maybe your free carry stock) if you still like the story..then if they are becoming operating cash flow positive - be patient..
 
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