If they were to develop the mine it would be worth considerably more as a going concern with the relatively good ore (some ore is exceptional).
Its what the market expected. The share price launched on the news of the drilling results, permit approvals and go ahead.
What has changed??? Will we find out???
With some luck at SF we might just not be a forced seller.
Disappointing.....someone cocked up with the prospects of SF which could have provided the cash needed to get BS off the ground.
At the end of the day if they can get a reasonable price for BS and drill/prove up more ground here in our own back yard we could do OK....as TooHug has said SF is open all the way on trend and strike and it could possibly yield up another $20m while they do more exploration on the good ground they have around there.
Just another exploration company...all be it with good ground and possibly a large bank account.
AIMHO.
AWV Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
