We are all just guessing bit the fact that BMA went into liquidation and TMR are after a major part of its assets, it would make sense that they propose to take over the mine and pillage the joint lock stock and barrel. I think BMA have already established a resource of 490k ounces of gold and 70k production possible. They just ran out of money. So if they have mining assets(machinery that is in high demand due to the mining super cycle we are entering) excluding the tenements themselves then BMA could be pinched from the Administrators as a going concern for very little money. Like buying a $100 note for $40 or $50. That would make sense to me. The timing of announcements can be so coincidental and controlled by an ASX clerk who posts them in one hit when and if he feels necessary. Would say that is just coincidental. Who are IGR anyway?
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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0.4¢ | 2443631 | 4 |
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No. | Vol. | Price($) |
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20 | 6178578 | 0.003 |
20 | 17414166 | 0.002 |
15 | 41300203 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 2443631 | 4 |
0.005 | 8565116 | 14 |
0.006 | 4359766 | 7 |
0.007 | 3478571 | 5 |
0.008 | 1000000 | 1 |
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