Australia's largest stock trading and investment forum Australia's #1 stock forum

BDM

Click for more information

1.00%

9.9¢ burgundy diamond mines limited

Low EV Junior Goldie Michael O'Keefe project, page-44

First 44 Last

Share
Profile

Follow
Shinji Ono

222 Posts.

5

07/08/17

07:21

Post #: 26325999
Share

Originally posted by JandJ ↑

Don't drop your pants yet guys.

Lets recalc that EV - 8 mill cap & 6 mill cash - but 5 mill cash already allocated to the new venture so EV of the company (including the new venture) is 7 mill. A bit different to what the rampers say.

For that 5 mill you get 25% of a goldie in Peru which shows narrow veins at outcrop (1m approx) Yikes !!

That is a mighty expensive bunch of veins, but yes I acknowledge the potential.

You also get a bunch of oilers who have been waiting for months to get some money back - quite a bit of downside there.

IMO you could be able to buy here sub raise before they put the first hole in - then it is Sydney or the bush.

Cheers - DYOR but note my sentiment.

Expand

The gold is there. It's just a case of whether EHX / Eloro gets prime-rib mineralisation or not.

BDM Price at posting: 8.0¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 32 more messages in this thread...

First 44 Last

Add BDM (ASX) to my watchlist

(20min delay)
Last 9.9¢		Change -0.001(1.00%)		Mkt cap ! $191.8M

Open	High	Low	Value	Volume
10.0¢	10.5¢	9.9¢	$231.4K	2.272M

Buyers (Bids)

No.	Vol.	Price($)
1	170004	9.9¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	1333	1

Last trade - 16.10pm 22/11/2024 (20 minute delay)

BDM (ASX) Chart