BDM 2.38% 10.8¢ burgundy diamond mines limited

Corporate Activity in PNG, page-4

  1. 7,638 Posts.
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    Blam
    yes your right this is the place for critical discussion and imo so far the discussion has been very good.
    I think you are getting ahead of yourself by referencing corporate failures
    IMO the company has done what it had to to ensure funding going forward without destroying s/h value by raising under a depressed sp. The company would have had to raise (at a discount) approx. $12-14m in order to fund seismic and drilling on 437 to hold their 20%. What are the COS on this drill??
    It will certainly be interesting to follow this drill next year.
    Pandora is multiple times anything they may find in ppl437 and it has very low holding costs and a demonstrated path to commercialisation, CMT now needs to work on the next step.
 
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10.8¢
Change
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Mkt cap ! $191.8M
Open High Low Value Volume
10.5¢ 11.0¢ 10.5¢ $53.94K 513.3K

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No. Vol. Price($)
9 681584 10.5¢
 

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Price($) Vol. No.
11.0¢ 837168 12
Last trade - 12.27pm 07/11/2024 (20 minute delay) ?
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