With less than 200k shares between here and 8.3c its just lack of overall interest in the sector at the moment and just no buying interest.
Really the only concern here is there will be a decent chunk of equity raising for project funding... something like 5-10mill I'd say with the rest debt, therefore a lower price means more dilution.
However, generally when these sorts of CR's/debt deals are about to be done and increase of volume and share price is noted.
IMO this is a flat out buy at the moment, if they can kick a couple of exploration goals of the zone between wagtail and nicholsons then it should be game on.
Its all about having a sound strategy and then having the right people to execute the strategy.
I'll buy more when I can.
BNR Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
