BRV 0.00% 35.8¢ big river gold ltd

Hi Suhel,They are looking at raising money from shareholders,...

  1. 15,025 Posts.
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    Hi Suhel,

    They are looking at raising money from shareholders, not paying them a dividend.

    If you didn't know they have virtually no cash,

    At the end of the September QTR they only had $236,
    with an expected expenditure of $1.3mil for the Dec QTR,

    The chairman chipped in another $1.4mil as a convertible note during Jan,

    I suspect the new AIM broker has found little to no interest from UK investors with funding a CR,
    that is why they are looking at raising funds from the existing shareholders.





 
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