Hi Angavar
You are right, a direct comparison is Xemplar ... however Xemplar has been discussed to death here ... once they actually release drill results we will all look at them again.
In regards to Forsys & Valencia, it is just that they have released their latest drill results & it was worth noting the much better grades & intercepts that BMN have. And yes while Forsys only have a MC of A$264m, at one stage last year they were trading at $10 p/share (MC of A$800m) ... while at the same time BMN only ever reached $3.80 p/share.
The market has now addressed this anomaly, but it goes to show how bullish the Canadians will be with the final JORC on BMN ... AND with multiple deposits still to drill!
As you rightly, say there is "plenty of room to grow" for BMN to grow over the next 12 months
cheers
bmn comparisons, page-3
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$2.74 |
Change
0.010(0.37%) |
Mkt cap ! $481.6M | |||
| Open | High | Low | Value | Volume |
| $2.73 | $2.80 | $2.70 | $1.473M | 534.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 416 | $2.73 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 2500 | 1 |
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