RE: Major problem, BMV doesn’t have the permits9 May 2024 16:14
Sounds like pot-stirring just for the sake of it.
BMV is sitting on $3b of (very) high-grade gold, with (very) high-profit margin, in South Korea, one of the richest countries in the world, with a strong legal system, very stable business governance, with a can-do business culture, mining is now a top strategic objective for the Korean govt, a consortium likes what they see, they've gifted $5m to BMV to move it forward, not far from its entire marcap at the time, the shares have been marked up 50-100% in a matter of weeks, the market likes what it sees, Align Research predicts BMV can be making £5-10m of profit by H2 2025, NPV is predicted at 25-30 times the current shareprice, cashflow is on track for 5-10 times the current shareprice, while gold production is closer and can be ramped up faster for an existing mine than many realize. The trends are clear 👍