Australia's largest stock trading and investment forum Australia's #1 stock forum

BDM

Click for more information

0.00%

10.5¢ burgundy diamond mines limited

"From there, they could pay another CAD$1.4m to get up to 25%....

First 14 Last

Share
Profile

Follow
Jezzy

1,579 Posts.

52

03/08/18

21:41

Post #: 34716372
Share

Originally posted by Anton Chigurh ↑

Basically shell value now, so downside would have to be extremely limited on any volume.

Could be a combination of sentiment towards gold juniors, fatigued shareholders due to the suspension of trading and generally slow progress, peeved off newsletter subscribers as someone said.

- $3.84m cash eoq.
- Phase 2A committment of ~CAD$1.6m, of which $1.27m contributed during the qtr, leaving CAD$330k, or ~AUD$345k.

Should have ~$3.5m cash after all Phase 2A payments, for 18% of project. From there, they could pay another CAD$1.4m to get up to 25%. Or they could go their own way and seek another project.

Expand

"From there, they could pay another CAD$1.4m to get up to 25%. Or they could go their own way and seek another project."
OR BOTH from such a low EV ($2.3m), decent cash ($3.8m) and just 126m SOI...

Last edited by Jezzy: put in the cash figure 03/08/18

BDM Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Bitcoin jumps 8% to beat record on Trump vote optimism

RLF

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

There are more pages in this discussion • 4 more messages in this thread...

First 14 Last

Add BDM (ASX) to my watchlist

(20min delay)
Last 10.5¢		Change 0.000(0.00%)		Mkt cap ! $191.8M

Open	High	Low	Value	Volume
10.5¢	11.0¢	10.5¢	$19.26K	180.2K

Buyers (Bids)

No.	Vol.	Price($)
9	1036456	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	812633	6

Last trade - 16.10pm 06/11/2024 (20 minute delay)

BDM (ASX) Chart