Bluebird Merchant Ventures – “funding package to accelerate move to production”, remains a Buy - target 5p?
By Hotstockrockets | Saturday 16 April 2022
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously updating on Bluebird Merchant Ventures (BMV), we noted clear upside potential on production, but also challenges to get there – significantly financial. Now, though, it has announced a “Funding package to accelerate move to production”.
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