sp direction, page-15

Yes grizzly,
I too was at the AGM ( for 3 years now) & I remember you discussing this with clive & nathon....

These long time mining entrepeneurs IMO have created in 3 years a world class resource & could have lost $$$ bigtime if the resource was a 'fizzer'.........So why do some newbie shareholders begrudge them their 20 % stake .
If it wasn't for them this would not even exist!

After the BFS is out we will all see the final economics ;& if as good as I predict , takeover attempts will happen.

These directors & long term holders will not.....I repeat will not give up this resource without a strong fight.

I have been told on many occasions since day one ,that a profitable Mine will be built ...ASAP & they have been recruiting competant staff to do it properly.!!

IN between time they have plenty of $$$$ for drilling & BFS expenses ....so relax

Its well advanced compared with EXT (I'm also ext shareholder ). & bmn is well undervalued with lots more upside.

For now notice how the sp is hovering around the 62 cents which is the amount that Resource Capital funds financed the $20 million BFS . Later on this company will arrange the CAPEX ($450-ish million) ) to build the mine

cheers cj