BP
Being the 31/10 - I'm sure one of our forum friends will receive the end of month T40 and we can ascertain who has been selling/buying.
The 1 mill x 7.3c daily sell reset has been discussed at some length (in public and private)...
...I personally think it is a FT trigger...they did get involved in a placement at around those levels some time back and may be putting in a place and forget sell each day...
...others think it is a capper placed just below the OA conversion price and so on.
Either way, I'm quite comfortable with this investment...
...it was always a long term play and we are now beginning to see more and more references/hints/etc. from media releases, pollie anns, etc. that are consistently referencing LV, clean coal, ERF, BCP, DICE, etc...
...and for that to happen they need BCE techs...
...and the BCE techs need raw BC...
...and MNM is the largest tenement holder of potential BC land in Victoria.
Simples.
K
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