BRV 0.00% 35.8¢ big river gold ltd

GZ - chairman cannot add more shares. Already has 20.6% (unless...

  1. 11,818 Posts.
    lightbulb Created with Sketch. 6401
    GZ - chairman cannot add more shares. Already has 20.6% (unless he sells, then supports cap raising, or provides a loan to the company, perhaps convertible notes? But more debt is dangerous)
    Cash will have run out in 7 weeks (or very close).
    Drilling results to date have been no-where near as good as drilling that was undertaking by past owners at Juruena.

    Yep. I am bloody negative on CAS. From the companies own mouth, with a POG in US at $1100, very little interest in Borborema... Like you Chelkn, I wish they could pull a heap of rabbits out of the hat.
 
watchlist Created with Sketch. Add BRV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.