I bought some 4 years ago at about 14sen, held it for less than a month then sold all of it, netting myself small negligible amount of profit, never touch until now. At 3sen is a bargain. 4 years ago the WC was at 7.5sen. It is a good place to park some money on this.
ESOS already implemented. Next is private placement of 10% which they have submitted application to Bursa. I think it is crucial to see whether the private placement will be successful or not. If successful, this means investors still have faith in the future of this company. Also it will provide the company with the much needed funds to fully mobilise the new limestone plant. In my view the limestone plant is the only catalyst for growth, not the sugarbun/prezzo pizza or the gold mine. For me, I would just wait and see now - especially whether the private placement is going to be successful. My 2 sen view.
Same sad story likr Anzo sufferers here. The trick is if the company can get bombastic contract like Ages n Anzo then only will fly. Company sit around ask for more money, say got gold, oil sure die lah
Bornoil shareholder pls do something. . Get more new venture and project. That the only way share price will fly. Wake up..wake up. Dont sleeping anymore. Now 2020 already
Bornoil silent on their Gold ventures?? Wat happened? New Share Placement to whom? Foriegn Gold miners ? to resuscitate BOil gold mining.?? If new mining partner can turn the gold mining tables around , then shareholders may approve incentives for the MD??
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Cojack31
1,673 posts
Posted by Cojack31 > 2020-06-14 07:10 | Report Abuse
Now medical sector more interesting