bmx update.
BMX production hit snags a couple of weeks back with rain down Mildura way. The roads were very wet and with the weight of the trucks, they had big hasstles getting product out of the site to the main road for haulage to the MSP. So maybe we need to factor in that problem, but its...
Hi ..any thoughts on mig value post the demerger? Also, thoughts on how long would Mig take to get back to mid $3 levels post split.? Interesting times ahead for mig holders given that split will reduce mig sp as holders are issued with new shares in demerged operations to cover sp fall.... Cheers
Just be patient guys, we all have been looking at recent share price strength as if it was the norm, well its not. CBH bolted from 20c area and will need to rebase around the high 20s imho. Great learning curve and brings everyone back to reality....the cheaper it gets the better it gets, so...
If your holding for longer term, imho you will be on a stock that will run very well. Lots in the pipeline, yes it has run hard from 20 odd cents. Use this weeks trading action as a learning tool, see how cbh handles it along with other similar coys.I sold but will look for lower entry levels.
cbh will open the old Sth Mine..previously MMM in Broken Hill. Approx 6 weeks time things will start to happen, using the decline and going over areas that havent really been worked a lot before as well. Visco Sulicich will be named the man in charge, fair to say that Vince Gauci, former head of...
That seems to happen with bmx..when they were running to 44c small buys would appear at the end of each day, and a new level would be targeted the next day...will be interesting to watch in this down period for bmx just to see how everyone reacts...Im going to sit back, chillout and wait...keep...
I had 34c target then 32.5....nice little bounce up BUT it looked like a buyer on the sidelines hit it for 120,000 shares causing the spike, will be watching to see where it finishes but I dont feel a strong push up in sp anytime soon. Buy orders look ok but they could be pulled lower I guess...
bmx
http://www.barrierminer.com.au/archives/BM2006-04-28.pdf
Page 52 gives a good common sense approach to bmx. A good site to keep up to date on any bmx news.
Cheers
I feel bad for all caz holders actually, but gees, why would you take the risk and not swallow some profits at recent runup in sp? ( Assuming most didnt ).
Probably the same reason we all do...we see our nest egg growing and IMAGINE what a few more cents or dollars will do to the sp, so we...
Its already off the ground and running but I guess you mean they need to show the results financially.Im sure it will come sooner rather than later then a rerating of the sp should follow.
BMX oficial opening in Broken Hill on 21st April.NSW Premier will open proceedings. Approx 2 weeks after that the first trains carrying BMX product are expected to roll out on their way to Port Adelaide docks for shipping. Hopefully the news helps propel the sp in a forward direction. All things...
Hi chicken...I feel bmx is a strong trading stock in sub 40c range for the short term..yep, I added at 37c, wished I had been patient a bit longer but thats life. IMHO its a great little trader, just dont throw all in the market, keep some back for that special day when the big boys go...
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