STTCOMP BPL, TA Long BPL - Broken Hill Prospecting Further to my...

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    STTCOMP BPL, TA Long

    BPL - Broken Hill Prospecting

    Further to my post a month or two ago, entitled Is BPL Fundamentally Undervalued and the long running analysis on that thread.

    Stats:
    - 147m shares on issue.
    - 88m (55%) shares held by the Top 20.
    - MCAP of $7m
    - Cash on hand of $3.4m
    - EV of $3.6m

    Exciting stuff
    - Cobalt JV with COB
    - BPL retains all over minerals and metals at COB's Thackeringa project
    - BPL has the largest Heavy Mineral Sand tenement area in the Murray Basin (home of ILU)

    Chart
    Not your usual day-trader indicators at play here, but if you like riding a potentially very significant wave then these indicators suggest to me we might see some price action really start to take off:



    Enjoy
 
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