Yes Shell - I was very happy to see those late bidders arrive.
I guess they see the obvious upside potential here at this entry point.
I've only been keeping half an eye on this over the last few days must admit. Shorts have been added and closed off daily - small amounts.
Over at EGR (more than 10 bags away) there's a little bit of concern as the Tanzanian prime minister has died at 61 yrs old from Covid leading to some anxiety over what this will mean for upcoming construction of Epanko.
Over at RNU - which touched 16c today ($266m Mcap - more than 10 bags away) they are all patting themselves on the back after an extended re rate and a lot of recent news flow. One thing that's missing is their gold drilling results. I think the anxiety is creeping in somewhat as to what the effect of less than stellar drill results might do to SP. Particularly with so many posters still talking rockets, trains, spaceships, moonshots etc. Also thought I'd check out their last cap raise which was kind of small on capital and big on issuance when compared with their current Mcap. I think our last cap raise was kinder to s/holders on many fronts and kinder on our capital structure.
On 18 September 2020, the Company announced that it had received firm commitments for a placement to raise approximately $3.45milion (before costs) (Placement). The Placement was completed on 25 September 2020 by the issue of 312,681,819 Shares at $0.011per Share(Placement Shares) to raise approximately $3,439,500 (before costs). The Placement Shares were issued on 25 September 2020 within the Company's available capacity under ASX Listing Rules 7.1 and 7.1A.Investors who subscribed for Placement Shares (Placement Participants) were offered one (1) attaching Listed Option for every 2 Shares subscribed in the Placement, with issue of these Listed Options being subject to Shareholder approval.At the Company’s annual general meeting held on 26 November 2020, (the AGM) the Company obtained Shareholder approval to ratify the issue of the Placement Shares (which will enable the Company to issue further securities under ASX Listing Rules 7.1 and 7.1A) and approval to issue 156,340,910 Listed Options (exercisable at $0.02 on or before 31 December 2022) to investors in the Placement (Placement Offer). The Company is now inviting investors in the Placement to submit applications under the Placement Offer for 156,340,910 Listed Options for no additional cash consideration. 
Without wanting to discredit either company or their holders I do believe that BEM is poised for tremendous growth at this point by comparison. I'm just going to have to patiently await the next announcement. Maybe drilling commencement at Maniry / Razafy or Aus Gov related Critical Min or maybe Dual listing in Frankfurt. Plenty to come - I'm not going anywhere. I've researched enough to draw the conclusion that T Revy is prudent and conservative and doesn't like to bullsh!t the market. When our carefully considered DFS arrives I think I will be patting myself on the back for backing my own analysis. Please don't make a liar of me Tom - and best of luck fast tracking to DFS.
Keep up the great work Shell
#BEMStillcheapaschips
GLTAH
