Its good to see the placement/raising milestone achieved. The price could have been better, but could have been worse too and at least we all get to participate. I like that they've kept their options open in relation to marketing of product.
I also really like the fact they have their own massive mill - makes such a difference - and they got it for virtually nothing.
Something interesting about the Fossey zone is that although they've only identified 800ktonnes as high enough grade for mining, the actual full volume of the mineralised barite zone is about 2 million tonnes.
BSM Price at posting:
26.2¢ Sentiment: LT Buy Disclosure: Held
