BLZ 40.0% 0.7¢ blaze minerals limited

Ann: Commencement of Drilling and Extension of Rights Issue, page-7

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  1. 1,579 Posts.
    lightbulb Created with Sketch. 52
    Good to have you back here GB!
    Between you and me, the MC and EV is ridiculously low and this is fying under the radar.
    Rock chips were promising and the geo is the real deal. Who knows what the drill will show, but expectations are that it will be good.
    If not, then theyve spent a few hundred dollars of $3m - no biggie and would hardly change the EV. Even if that happened, it would still be great value for a MW shell. Remember the ma himself put in $224k of his own cash mostly at 0.04... and he aint playing for peanuts

    All the best
    J
 
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