"Southern Gold also holds a 50% equity interest in a Joint Venture company operated by JV partner, London-listed Bluebird Merchant
Ventures (BMV), that is looking to start gold production at the Kochang and ***ong projects. This JV interest
is currently in a sale or corporate restructure process."
My money is on a corporate restructure. BMV ain't coming up with that kind of cash for our share and no doubt our new cornerstone investors have already made the decision about an outcome for this. The size of this raise is significant for our market cap and the market has taken notice. Take a position now for the next two years cause we ain't putting the cap around any time soon and clearly our cornerstones ain't relying on Bmv to prop us up. I've been diluted to death over the last few years like the rest of you, but now is not the time to sell IMHO
Good luck to all of us
