BON bonaparte diamond mines nl

bon adds john ribbons as company secretary, page-71

  1. 7,973 Posts.
    It is but I see BON as a very low risk phoshate spec play with good management, cash and very low mkt cap ($14 million currently) and most importantly its not priced for any sort of success as no blue sky has been factored into the sp whatsoever (Very hard to value BON at this stage without the other leases and a resources estimate).

    So if she moves she moves on the announcement of the marine phosphate leases if it doesnt I will dump in the 9's and move on.

    Although having followed Ellyard and Drummond, theyre not guys that do things by halves.

    BON could be quite special or it could be what it was before the phospahte was added. Either way I see it as low risk in my book.

 
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Currently unlisted public company.

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