5-6 mil market cap is a pittance if they've got a solid MM deal. I was involved in a few plays at the start of the year when MM was the flavour of the quarter. A few shells piggybacked and got their 50% gains just by mentioning it and delivered nothing except a cap raise at higher vals, so for BDA to still be developing a project this late after the game it must be something serious.
Let's not forget SCU which hit $1.10 or thereabouts. MM is one of the year's darling industries, and even now could present a multi-bagger if BDA play this correctly and show they can deliver what they promise.
Watching keenly for a good entry.
No reason this can't be 30c after solid announcement.
BDA Price at posting:
15.5¢ Sentiment: Buy Disclosure: Not Held