BNT 0.00% 2.5¢ bounty mining ltd

re: is going to boom/question Not easy to explain but I'll...

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    re: is going to boom/question Not easy to explain but I'll try.

    BNT used to be Ausmet (AME) before the Bounty business was back door listed into it. AME's gold tenements were purchased from the first incarnation of DYL in return for shares - hence DYL's interest in AME and now BNT.

    After DYL was recapitalised and rebadged as a uranium stock the remaining business of DYL was placed into administration (they still held shares in BNT). The administrators recently dumped their holding on the market in organised trades @ 16-18c , hence some of the volume recently. It is ofcourse moving a bit better now after that overhang was cleared.

    The story as of now - there is no tie up with DYL.

    Ed.
 
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