BMT 0.00% 24.0¢ beamtree holdings limited

Ann: Quarterly Activities Report & Appendix 5B, page-14

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  1. 2,015 Posts.
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    An uninspiring quarterly, obviously not trying to be an investor presentation.

    Impatient holders have over 700k at 11c, not interested in waiting for the results of sampling 6km of strike. Over 900 soil samples to analyse before planning a drill campaign is a lot of work.

    I'll be waiting until after the drilling, as planned, but not expecting results by Christmas anymore. More like January or February just like last year's campaign.

    Nothing's happening here for 2 months, won't even have anything to talk about.

    I suppose we'll have an investor presentation once sampling is analysed and targets acquired, going to need to raise capital by years end but hopefully not at this SP.

    Interesting to see how low a price these impatient holders are willing to accept, there's no buyers. Will it go below cash in the bank value?

    Skuterud has promise, it's worth doing properly. Everything around us was snapped up by another company for miles but we got the best part IMO. I'd be surprised if they don't try to take us over, absorb us somehow.
 
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