BOA 9.09% 2.4¢ boadicea resources limited

The difference between SIR and BOA at those stages is that admin...

  1. 914 Posts.
    The difference between SIR and BOA at those stages is that admin costs are far lower for BOA than SIR. SIR's Exec was getting paid something like 3x than what BOA's Clarke Dudley is. The slow cash burn rate of BOA means they can afford more drilling with these low Admin costs which is a big thumbs up from me. The tightly held share registry is also a big one to note, especially seeing as SIR had something like 3x the shares on the registry so this is very bullish if BOA do get a sniff of nickel.. Far less holding it back from making big moves, but it goes both ways, doesn't take much to slam the SP when a few nervous nellies get spooked.
 
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