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11.0¢ burgundy diamond mines limited

cap raising with SP at 11cts, pretty ugly....

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billcan

1,807 Posts.

17/09/14

17:28

Post #: 13989401
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Originally posted by blam1976 ↑

$1-2m is my guess, was A$2.1m at end June quarter and they have seismic in PPL 437 underway at the moment. yes capital will be required if a project development is to take place, as you would expect in a company of this size.

I was just about to make a new post on this Co but I'll put it here. I have a feeling that some sort of deal could be in the making on Pandora - particularly with talisman's assets on the block. I don't think CMT management are sitting around idly doing nothing - agitation will be ongoing. It could be Pandora, or it could also be on the onshore. No specific intel, but thats my interpretation/read on it. Lets see what happens.

If Pandora sulfur levels are indeed <1%, then its not bad at all - in fact there are fields in production with ~5%.

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cap raising with SP at 11cts, pretty ugly....

BDM Price at posting: 11.5¢ Sentiment: None Disclosure: Held
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Last 11.0¢		Change 0.000(0.00%)		Mkt cap ! $191.8M

Open	High	Low	Value	Volume
11.0¢	11.5¢	10.5¢	$79.99K	728.5K

Buyers (Bids)

No.	Vol.	Price($)
1	172673	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	100000	1

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