GREY:ABGFF - Post by User
Post by
Ranger56on Sep 19, 2013 6:09pm
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Post# 21752976
Watch for financing to close soon...
Watch for financing to close soon...as this will be the chance for BZA to move foward and recover. I would expect this to come out shortly. It was due to close Sept/16 to get $5M to fund more equipment and cap ex to increase production. They need to increase production to reach positive cash flow soon. So although dilutive, the financing will be good news to give them a chance to break through. From there they have one more chance to execute and continue the recent trend of production increases. I hope these guys make it. Its been 10+ years, they have a mine, and they are producing.