Good presentation today. Although I was a little surprised to hear share buy backs. If they were to buy the shares and then cancel them, thus would give Gupta even more % hold over the co, (although I guess at this point it doesn't really matter). I'd much prefer them to just stick with dividends.
Something will be happening behind the scenes. A raise will come when FDA approval comes, maybe the new broker can assist in getting in the big money to help our commercial launch.
I have no idea why people were suggesting that the value would be what SAU spent on it. If that was true, it would've been in the JV document and there would've been no reason to have gone to independent expert.
Honestly sometimes all you need is common sense and not to believe crap.
Guys chill out, how many times do people post things on here which turn out to be true. Speculate on the post, but seriously don't actually take any decisions until an RNS is actually out.
Interesting if we're settling it all in shares. Some may see this as a disappointment but look at the positives, we now own all all of two mines. Now it's time to start building whatever infrastructure is required and get this gold out the ground!
Maybe it was passed to the organisation in early October who confirmed in late October that the job had been assigned to an expert. Looks like December it is although could always drop earlier.
We waited a hell of a lot longer for the permits so I ain't gunna start moaning now.
RE: Valuation at Multiples of Current SP5 Nov 2020 14:22
Next week is going to be a massive moment for BMV.
Just out of curiosity, has anyone been a position before where they're actively hoping for a low valuation, seems bizarre that we're here hoping for a low value from the Expert!
At least OJT. I'm pretty sure in the CRUX interview of late 2019 we were in discussions. Now of course, the financiers may be waiting until certain conditions are met before anything is fully agreed. I think we're going to have to wait until we hit nameplate until any finance news is released.