BPM Minerals (ASX: BPM) – a newly listed WA explorer
COMPANY SCOREBOARD
| Pro Plus | Pro | Con Plus | Con |
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ABOUT COMPANY
BPM Minerals (BPM) (https://www.bpmminerals.com/) explores gold and base metals in Australia. It acquired the Nepean Gold and Nickel Project and the Santy Gold Project at IPO. Subsequently, it acquired three tenements at the Earaheedy basin WA.
It was listed in December 2020 via raising $4.5m at 20c.
CAPITAL STRUCTURE
| ASX Code | Share Price | Shares | Option (In) | Market Cap | Cash/Asset ($m) |
| BPM | 0.037 | 87300325 | 3230112.025 | 2.6/0 |
| Holders No | Top 20 (Cur) | Top 20 (Pre) | Director Hold | Performance Right | Note |
| 1450 | 40.42% | 0.44520000000000004 | 5.02% | 4400000 | last raise $1.7m@10c; pre raise $3m@21c+28cOpt |
On IPO, the directors who incorporated the company received 9m shares; the broker received 1.3m shares, and the vendor for the Nepean and Santy project only received 3m shares.
Spec share trader, Steven Pearce, bought a 9.5% interest on market for an average of 11, 12c plus, as well as other big movement in top20 during FY23.
FLAGSHIP ASSETS
Claw Gold Project Paynes Find WA
OTHER ASSETS
SUMMARY
The company has been focusing on the Claw Project since 2024, which is a good sign.