Vermutlich ist der Bericht vom 29.01.2019 der (oder ein) Grund für den Rauswurf. Er gibt ein ausführliches, wenig günstiges Bild von Bonterra. Massenhaft alte, bereits früher veröffentlichte Bohrergebnisse, teils nicht schlecht, aber bisher nichts verwertbares.
Beispiele für Negatives:
"Urban-Barry Mill
The Urban-Barry Mill is the only permitted mill in the region, with more than 15 high-grade gold deposits within a 110 kilometre radius of the mill site. The mill is accessible by a paved highway with a network of logging roads linking the other properties in the area to feed the mill. Bonterra will undertake a mill expansion project in order to increase the production capacity of the Urban-Barry Mill from 1,200 tpd to 2,400 tpd.
From the date of acquisition (24.09., F.) to November 30, 2018, a total of 2,569 tonnes were milled at a feed grade of 3.0 (g/t) and a mill recovery rate of 96%. A total of 234 ounces were produced and 1,936 ounces were sold." (S.19)
Das heißt, in gut zwei Monaten war die mill gut zwei Tage beschäftigt, dabei soll die Kapazität verdoppelt werden.
For the Quarters Ending November 30,2018 August 31,2018 May 31,2018 February 28,2018
Loss for the period 68,108,881 7,582,884 8,123,956 6,004,926 (S.20)
"The Company’s cash and cash equivalents at November 30, 2018 was $9,668,855 compared to $22,136,434 at May 31, 2018. The working capital was a deficit of $5,548,526 at November 30, 2018, compared to working capital of $18,206,033 at May 31, 2018.
...
At November 30, 2018, the Company had a remaining commitment to incur exploration expenditures in relation to its February 2018 and November 2018 flow-through share financings of $13,869,569. This amount is on a cash basis, and excludes any qualifying expenditures included in accounts payable.
The Company continues to actively evaluate sources of financing, including additional private placements, but there is no guarantee that financings will be available."
"The contractual financial liabilities of the Company as of November 30, 2018 equal $22,513,047 (May 31, 2018 - $3,095,079). All of the liabilities
presented as accounts payable are due within 30 days of the reporting date. The cash available is not sufficient to meet the Company’s financial obligations at November 30, 2018." (S.25)
Heißt das nicht: Wir sind praktisch pleite?
Für jemand, der die Firma oder ihre Werte billig übernehmen will, ist der Bericht eine Steilvorlage. Auch kann er Bieter abschrecken. Von daher ist der Rauswurf begründet. Die Insiderkäufe sprechen eher für Naivität als für Korruption.
Gruß! Fritz
