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Monday, January 31, 2022 11:46:03 AM
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BMIX has NO convertible notes and NO DEBT of any kind since May 2021. Please see the news release below:
https://finance.yahoo.com/news/brazil-minerals-extinguishes-last-convertible-122400532.html
Immediately after the up-listing R/S (as in the next trading day), we will have a debt-free LITHIUM company with up to $17,000,000 cash in the bank raised from the IPO trading on NASDAQ or NYSE at a laughable market cap of $30M or so based on today's price… At this point, it will be on the radars of real institutional players as well due to EF Hutton curating their up-listing process… If one thinks that they somehow will be able to get shares CHEAPER once this happens rather than now, when the fear and lack of understanding of what is happening is abound, please be my guest ;)
Once on NASDAQ, institutional investors will drive this to at least $300MM market cap, at least 10 times multiplier from today's valuation.
BMIX
This post is my personal opinion. I do not provide investment advice.
ImOnABoat
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