BMX bemax resources limited

http://www.miningnews.net/default.asp has some more info on some...

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    http://www.miningnews.net/default.asp has some more info on some of the shareholders though SGW stake has been sold out fully ages ago.

    Sojitz Corporation is a major holder as is Cristal (Saudi group), and many offtake agreements.

    Other major shareholders include Astron (ATR), Acorn (long term boutique fund which bought most of SGW's stake).

    Its getting tighter and tigher, their titanium is already in offtake agreements and their Zircon of the first mine is very high % quality so they'll be able to pay off the plant quickly.

    I think with this one, its different to a lot of stock since it's finally made it and will start producing, its not a driller or a dreamer, its going to enter the ASX 300. Zircon is in demand and BMX is correctly positioned now.

    The website www.bemax.com.au has lots of info as well


 
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Currently unlisted public company.

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