ARR 1.75% 29.0¢ american rare earths limited

Is BPL undervalued again?, page-7

  1. 743 Posts.
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    there is additional benefit that come early Feb 2020 BPL will also have $1.35m worth of shares also.


    1) If they CAP raise ~500k (circa $250 announced today)
    2) They received $200k today with the balance of $300k coming end of Feb 2020 in cash
    3) $1.35m in shares


    With MC of ~$3.5m - BPL will have cash or equivalents at the end of Feb 2020 of approx $2.5m which is an enviable position
 
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