facts on bmn market cap, page-2

well tibsy

on 222m shares fd, thats a mc of around 170 mill.

lets put bmn on even keel with ext, 690 mill mc.

690/170= 4x

So what we're saying, is that BMN fully dilluted, is still only 25% of ext current rating.

Well, theres an easy 300% on my money atm.

But lets also consider what the t/o value for bmn from comeco, they might get it for 1 billion?

Which is a a 5.9x

This isn't fairy tale talk either. What other play could comeco pick up, that they said, 1 or 2 billion.

Who would you buy if you wanted to secure a massive resource in a U friendly province on the relative cheap?

No point making your bid for BMN, when it has risen to parity with ext, cause the premium expected then, would be in excess of what they could steal it atm for.

They did say they would have to go to their shareholders to get approval, anyone keep tabs on the comeco announces?

Is there a link?

cheers