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Bacanora: What's the Chinese for Fuk Yu or is that the name of the compliance officer at your "investor" NextView Capital

By Tom Winnifrith | Wednesday 28 February 2018


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.


Well this is embarassing. On December 14 B acanora Minerals (BCM) announced that China based investor NextView Capital was investing in new shares at 94.53p to take a 19.83% stake worth £31.17 million. On February 1 were told that the Chinesee had not completed by January 31 as scheduled but not to worry. Today we learned the awful truth...

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