Exactly what do we want with a 1c investment?. BHP have to drill...

Exactly what do we want with a 1c investment?

. BHP have to drill further and mine or risk
losing the deal, since a change of Govt may only
honour existing mines

. BHP has very large proven reserves

. BLZ land runs into BHP reserves at a number of angles
(there will certainly be U there)

. How much we don't know exactly but a lot
more than 1c a share's worth (look at geo map)

. It's all on the surface

. Take-out has to be a reasonable chance

Presuming that management is waiting for further BHP results, which is wise at this stage; even if
management doesn't inspire much confidenc otherwise.


This is not an MAU but patience may pay.

Cheers