BBX 0.00% 24.0¢ bbx minerals limited

Ann: Quarterly Activities and Cashflow Reports - September 2018, page-75

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  1. 8,701 Posts.
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    "If these posters making the baseless negative arguments are trying to push the price down for an entry point, I guess it’s always worth a try;"

    Trust me, I'm not even interested in investing in BBX, it's running out cash very soon. Anyone can freely post in any thread as they please, HC is an open discussion forum, positive or negative, not as long as not breaching the TOU.

    This is from the latest quarterly. Cash in hand $340k, estimated cashflow into Dec 2018 $200k. Leaving only cash strapped of $140k in the kitty by Dec this year. This company is far from producing. The company has only allocated small budged of $100k for exploration, and I don't think it will do much to bring it into fully operational mine. The only way to keep this company afloat is to raise capital immediately, causing more dilution to current share holders.

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