BTR 5.56% 1.7¢ brightstar resources limited

Hi Sonpa,i think you are reading this correctly...the glencore...

  1. 1,960 Posts.
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    Hi Sonpa,

    i think you are reading this correctly...

    the glencore deal lays a solid foundation for scott to build a company around...once in production, should be a great cashflow for btr that alone should justify a market cap significantly higher than we are here, even with a P/E of only 5-7 or so...

    i think the catalyst for large gains in the sp is going to come from mumbwa results. should be getting towards the end of the wet season now, i would expect a decision from bhp soon, then drilling to recommence maybe in the next 4-6 weeks?

    for the remainder of the year drilling results should keep coming in.....hopefully we see continued mineralisation, if they hit a core iocgu system....hold onto your hats because seriously....we are looking at an olympic dam type target.....
 
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