No way BMXI will pay dividend as they don't receive money from gold sale. Hilarious!
On May 21, BMXI has 35,000 cash and 450,000 worth of gold on the books. Are investors getting dividends in form of gold since BMXI is very dry on cash?
In May 2022 Q, 1.909 million profit was reported.
In Feb 2022 Q, 1.927 million profit was reported.
In 2021 Annual, 6.65 million profit was reported.
In 2020 Annual, 5.662 million profit was reported.
In 2019 Annual, 2.794 million profit was reported.
In 2018 Annual, 1.983 million profit was reported.
On the book (May 2022) total of 23.821 million accumulated profits was reported.
It also says 11.083 million are receivables. Presumably BMXI sold the gold, and they never got paid. That receivable has been accumulating since 2018. LMAO.
That still makes the remaining 12.738 million profit in limbo. Canadian acquisition hasn't received any money yet. Talawaan project investment remained unchanged at 500k.
How did BMXI spend this 12.738 million and why's there only 35k in bank? Where did all the money go?
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