B2Y 0.00% 2.9¢ bounty mining limited

Ann: Change in substantial holding, page-8

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  1. 541 Posts.
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    There is a big difference between SP and long term business health... It hasn't been a year yet since IPO, sure the Sept 4C will most likely show negative cash flow, but on company forecasts B2Y should have positive cashflow (now) and a clear ramp up to 2.2Mtpa... So suggesting Ernie take control IMO is a bit savage...


    Be wary of using SP as a means of determining whether the company is performing. Management have successfully restarted and ramped up production well, if their internal forecasts are hit the SP will be multiples from where it is now... time will tell...


 
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Currently unlisted public company.

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