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Re:BML, Right Partner Right Place, page-2

  1. 6,072 Posts.
    Your point?
    Walter, show me an explorer with a JV that has gone onto producer or where the funding partner has bought the explorers interest or company out.
    Even if BML stayed the course and kept 30% who is going to fund BML's CAPEX contribution? BCL or Botswana govt?
    Mate, over 60% of the rights issue placed to PV, Pol B and the other director.
    The other 40% by punters. That 40% will fund admin costs for the next few quarters.
    Will be interesting to see how much they put in the next raising. I'll guess not very much.

    Where's flyboy? I miss him
    Last edited by Valin: 05/04/16
 
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