BMM 1.64% 6.2¢ balkan mining and minerals limited

Hi guys,A bit late to the party on this one... is anyone able to...

  1. 125 Posts.
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    Hi guys,

    A bit late to the party on this one... is anyone able to explain to me why JDR didn't just go it themselves and did the demerger? get that JDR have a 22% interest in BMM... just don't get the history of what has happened here.

    looking at the prospectus company is fully cashed up for 2 years of exploration

    top 20 looks nice with some big names and some shares under escrow for 2 years

    the projects they have are right next to Rios mine, is the hype on this company built around the hope that as they are close to Rios mine there could also be significant deposits where BMM will be exploring?

    apologies as a I am not traditionally an investor in mining stocks but this one has caught my interest. 20m market cap seems low if they were to find what Rio has?
 
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6.2¢
Change
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Mkt cap ! $4.404M
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6.2¢ 6.2¢ 6.2¢ $2.294K 37K

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No. Vol. Price($)
2 124684 6.1¢
 

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Price($) Vol. No.
6.5¢ 44000 1
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Last trade - 14.06pm 31/07/2024 (20 minute delay) ?
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