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Bluebird Merchant Ventures – 2022 results, still a risk/reward Strong Buy

By HotStockRockets | Saturday 6 May 2023


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.


Bluebird Merchant Ventures (BMV) has announced results for the 2022 calendar year, including emphasising that “the value of the two projects was highlighted in the publication of a Scoping Study which included a post-tax NPV of USD 181 million… conducted on a USD 1,750 per oz gold price”. So what of a current 1.4p share price, £9.7 million market cap?
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