What a turn around in attitude you have had, one post wanting to buy more shares/options, the next downramping. Maybe you want to buy some cheaply on the market as the company will not issue you any cheaply.
Since when has bounty reported mining operations and head-office expenses separately?
Why do you interpret a statement of cash flow positive to mean cash flow neutral?
The whole comanys operations has been close to cash flow neutral for the 6 months to the end of Sep. There was only one mining unit generating income during that time, (the other was being used to prepare for productive mining). The operating expenses where similar to that needed to run 2 units. As there are now two units productively mining, the cash flow situation should dramatically improve.
I think buyers have stayed out of the market while this cash raising has been pending. Now that it is out of the way buyers will return without the fear of the price being further pushed down by the capital raising.
BNT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
