peer comparison, page-64

I maintain my bmn why??

well, for one, the strategic partner, when it comes, can add dollars to bmn in several ways.

might buy into bmn with cash for a percentage of the project ownership, rather than script, for cash level, that would make BMN a take over target for its cash box.
(ie cash box larger than MC)

or might buy script from BMN, at a price fitting with peers, at this stage of development, ie 1.50+ /lb,,,ie for 1.20 per share. And maybe,,,they agree to also buy a component of script from the market, if the retailers dont.

The cash box idea, presents us as a takeover for anyone who would take us out for our cash backing, and on sell the assets. (we'd reject the offer, hopefully, but it depends apon how much of the registry is made up of new holders who paid 40-50c, vs longs who paid $1+.)

While the script idea, may protect us in a way, if they become a significant holder.

Now that strategic partner,,,is anywhere from 3m to 12m away based on finialising metalurgy,,,but i understand that there is certaily enough work done, to show the deposit is simple enough to develope,,,so talks already be in motion??? to would suit a longer view term utilities company, such as chinese who look 5+ years ahead.

There's a lot of upside in the BMN sp,,,its just a matter of such an offtake arrangement, that removes small retail thinking, and sp drift.

The idea, of a loyalty options issue, with a forward rec date, (say 1 for 4 at .001 cost, strike 70c) would put a halt to sp drift, and reverse sentiment imo,,,maybe get the fire lit again.

Really, at 56c/lb,,,it begs any sellers rationality, later, to "what were they thinking!!"