BKT 2.13% 4.6¢ black rock mining limited

Sp reliant upon news.No news it will languish. Maybe hold at...

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  1. Don
    235 Posts.
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    Sp reliant upon news.
    No news it will languish. Maybe hold at around 6c, but who knows?
    An outstanding resource and metrics, convincingly tick boxes and led by seemingly exceptional management who actually understand how to progress a start up mining enterprise.

    The big hurdle is to fund the project and without that it is worth little. This hurdle now is looming large on the horizon and I doubt any news aside from success in funding will do a lot for the SP.

    John Devries has said that he is confident that by the end of the wet season all will be in place to commence site works. He said May/June.

    Steve Copulos is confident of timely funding...best to take that as an opinion of mine and not a fact.

    However an interesting fact emerged from the Half Yearly today that directors took up $500k of the $3mil placement this week.

    If that's not confidence nothing is.

 
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