Good to see BTR slowly and surely inch closer and closer to its fair value price.
With around $28.6 Million stashed in the bank, which equals to a net cash backing value of just under 17.5 cents and some good prospects ahead, BTR is looking a great buy at today’s prices even for the few who missed the boat at the lower end of 20’s not so long ago.
It is no wonder BTR shares got down to 19 cents after the brutal exit strategy by Platypus in the past few weeks, as there were signs and most obvious structured selling orders from around the 65 cents mark and below...
Platypus must have panicked in the last bit and just sold the remainder of their shares at ridiculous prices and that has even spooked the long term holders and true believers and crushed the value of BTR shares.
With a recovery down the track and Pre Feasibility Study pending, more drilling results for Mumbwa and concentrate sale of Zinc, plus a turnaround in zinc and copper prices...why wouldn’t BTR start climbing to new heights again?
Good to see BTR in the green few days in the row now and here is hoping for even greener days ahead. Hang in there guys and girls :)
BTR Price at posting:
31.5¢ Sentiment: ST Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)