BDM
Click for more information
0.00% 10.0¢ burgundy diamond mines limited

Ann: Quarterly Activities Report & Cashflow, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. bitzer
    7,638 Posts.
    lightbulb Created with Sketch. 15
    clock Created with Sketch.
    03/02/15
    11:05
    Post #: 14687642
    Hi Rizzla
    I am not sure that I come away with the same interpretation of the IES situation as you. It has always been my understanding that if CMT were to sell all or part of their interest then IES clawback would be triggered either in full or part depending on the nature of the transaction. The paragraph you quoted refers to commercialisation of Cotts direct interest in the liscence. To my mind you cant "commercialise" just 40% of the asset so this would imply to me that a sale of Cott's interest would be defined as a commercialisation event.
    Any thoughts ?
    BDM Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add BDM (ASX) to my watchlist
(20min delay)
Last
10.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $191.8M
Open High Low Value Volume
10.0¢ 10.0¢ 9.8¢ $205.7K 2.068M

Buyers (Bids)

No. Vol. Price($)
1 7005 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 24695 2
Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
BDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.