Compare BML (market cap $10m) with WCN (market cap $8m)...
WCN owns only 45% of only 83km sq project in politically unstable area Kyrgyz Republic, and possibly lack of infrastructure. Their results range from 0.2-1% copper (low grades).
Hebei Mining pays $6.56m to buy 44% shares in T2G (T2 Gold), T2G owns other 45% in that copper project in Kyrgyz. So about $14.9m for 100% of T2G and T2G ONLY owns 45% of low-grade copper project.
I know a bit of assumptions, but still BML looks very cheap IMO.
should bml be taken private?, page-13
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Mkt cap ! $4.737M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 37617337 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 14386896 | 18 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
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