China gov credit squeeze coming on, who is going to buy BMR and why?
I'm still surprised that PIs on the boards are willing to speculate wildly about anything, unless it is the inevitable requirement for dilution! Why is this? Is it the eye-watering numbers that will be required, or is it a basic misunderstanding of what awaits us (in the same way the GG totally misunderstood the ZEMA process)?
Good morning. Doesn't look like I missed much yesterday...just the usual dross typified by Ritter's post this morning claiming that Masoud has deliberately got everything wrong!!! Beggars belief that whether it is the ZEMA processes, understanding what resources BMR actually has, the challenges of securing funding, the difficulties of the selling the dumps 'as is', allowing BMR to go to the brink cash wise etc...Masoud just gets it wrong time after time. Many PIs have now seen him for what he is, but there are plenty on here who just won't be told!
Of course they need the money from the warrants. Reward earlier investors.......dont think he's losing sleep over that. lol
I think we will get ZEMA approval which will lead onto JV's and off takes seeing BMR moving into production this year
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