$1 & $1.05 Warrants all exercised.Selling by warrant holders has kept a lid on this play despite good news, good and fast growing production.
I'm back in at $1.06 and will buy more at these levels. No more warrants out there, so finally this play can get a bid under it.
$14MM in working capital and great production ramp this year (from 3MM lbs to 8MM lbs) = more cash every quarter. BMC could have $30MM in cash by year end. For a play with an $80MM mc ($71MM EV) and generating $20-$30MM cash flow per year, that's cheap.