BTR 6.52% 2.5¢ brightstar resources limited

As a large shareholder it pains me to say it but I do see 2...

  1. 125 Posts.
    As a large shareholder it pains me to say it but I do see 2 risks with btr.
    1. A GFC2 which we are actually in a good position to weather if it were to come about and not only us but pretty much everyone would be stuffed, and we might have some potential upside if we were to extract the gold which we have.
    Also we have a fairly strong cash base to see us through any possible bad times and most of the big business expenses are currently with BHP and Glencore anyway.

    2. The unrest in Africa. Wild people and a wild continent. Anything could happen there and I suppose we very fortunate that the only people who care enough about this place at all are the major corporations who exploit these places for all they are worth....the big oil companies and the big miners...
    We are partners with 2 of the biggest big boys in the world, bhp and glencore who will do a fine job of exploiting whatever they can from the area.
    Still the fact that we are in africa is the biggest risk to the future of the company. I am a little nervous about it.
    However I am in all the way and wont be selling anything...
 
watchlist Created with Sketch. Add BTR (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
0.002(6.52%)
Mkt cap ! $174.7M
Open High Low Value Volume
2.4¢ 2.5¢ 2.4¢ $348.7K 14.31M

Buyers (Bids)

No. Vol. Price($)
5 346700 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 2977988 7
View Market Depth
Last trade - 15.50pm 08/11/2024 (20 minute delay) ?
BTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.