BBX 0.00% 24.0¢ bbx minerals limited

Ann: Exploration Update, page-10

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  1. 4,791 Posts.
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    Haha, yeah it's bloody frustrating but it is Brazil. The three overriding redeeming factors are that they will make massive profits from the trial mining operation next year, the JORC (when it comes) will also be massive, and when the broader market and the media wakes up to what's going on it'll be too late to buy in. I wouldn't be as keen as I am if it wasn't for those reasons.

    The pilot plant, permitting and assay protocol are taking ages but the delays aren't overly significant in the grand scheme of things. Certainly doesn't help the SP though.
 
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