BTV 2.33% 21.0¢ batavia mining limited

Yes finding those stocks with good or discounted cash backing in...

  1. 127 Posts.
    lightbulb Created with Sketch. 5
    Yes finding those stocks with good or discounted cash backing in this market is a good idea.

    Yaqona, have a look at CGX cash flow statements back in 2005-06 and see their cash in bank relative to their market cap at that time. The negative enterprise value has proven to be a huge positive for them to aquire and fastrack their project.

    It took a while but definitely paid off. Hopefully a similar outcome for BTV.

 
watchlist Created with Sketch. Add BTV (ASX) to my watchlist

Currently unlisted public company.

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