I wouldn't say that we have a production plant stoping cash burn with a potential massive resource about to be discovered. Normally I would agree with you, it all depends where a company is at and this one is way in front of many others. What you will find is all your graphite hopefuls will probably have twice as many shares on issue as BSM by the time they get producing if ever. Look at GXY 1.7 billion issue, FMG around 3 billion shares on issue, BHP around 7 billion shares on issue it all depends on the companys fundamentals. So I am extremely happy with the position of this company it's good to have a bit of liquidity there as well IMO. DYOR
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1 | 8800 | 0.055 |
2 | 35793 | 0.053 |
1 | 100000 | 0.046 |
1 | 71428 | 0.042 |
Price($) | Vol. | No. |
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0.053 | 4000 | 1 |
0.068 | 10000 | 1 |
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