good results, page-11

Paper value for sure. Monty is already valued at $32m or there abouts, our MC is well below that as you know. I would hope that the market starts to flip around the other way and our MC will start to reflect our paper value.

Hard to say why the market doesn't like BMB. Sure the small cap resources index has some impact on us, but I think in general there's just way to many compounding issues that reflect poorly on us.

- European debt
- Dilution of shares
- General market sentiment, specifically on the XSR
- Still no projects in production
- Togo
- International projects as opposed to local
- Direction to farm off Peelwood instead of progressing it
- Lack of regular comms
- more?

I'm a hopeful, and I believe in BMB. But I am a realist also, and realise all of the above issues have affected our share price. There's a tonne of GREAT things the company has done as well, but negatives always seem to have more impact, otherwise we might have a much higher SP.