Weekend STT Lounge 25-27 Jult, page-33

strauss,
BSM is burning cash fast & is unlikely to produce any income....negative cash flow in excess of $400Ks last quarter.
Admin expenses are way too big for a company of its size.....They need to slim down.
They will need to raise cash as early as this quarter.
It may climb on the smell of Zinc ,but fundamentally very weak.
I sincerely hope that BSM goes back to its glory days ,because I have indirect interest in it.