answer to weakness?

PJO will need to raise around AUS$80,000,000. to finance mine. BSG directors think less but Canadian brokers with experience in Mexico mines think it will cost more than BSG thinks and take longer to develop.

Based on current value of PJO they would need to issue
around 30million shares if equity funded. If debt funding will probably need to hedge a year or two production.I doubt BSG/PJO will want to debt fund

BSG needs to come up with $65 million to keep their 81.5% interest so BGS will need to raise extra capital

I think this is the cause of the weakness. There will be a issue in BSG soon, market thinks same and is selling strongly into strength to cash up for the issue which will be at a discount of maybe 5% to 10% of BSG market price at time of issue

PS what happenned to the sale of Georgia. WAS that going to happen soon?