Everyone is excited and quoting the section of the announcement relating to an intent to go to production. But we've heard that several times before (most memorably WW at the AGM).
If management were so keen to get to production why did they accept an offer for $107m? - Where is a new director with mining experience who can get us to production - Where are the JVs? - Where are the BOAs?
SS will surely come this week now the offer has EXPIRED.... drilling results way overdue but will again 'coincidentally' be released shortly after the expiry of the offer.
I believe in the resource and Kevin's ability... but that's where my faith ends. The opportunity cost holding BGS has been monumental and my investment has gone backwards in a market where it should've skyrocketed.
Despite this well-worded announcement I won't be having the wool pulled over my eyes - management should have had actual negotiators (MM, etc) arranging this deal - instead it was an absolute rushed farce with no care for shareholders best interests or the share price."
rns says regulatory protocols prevented cash transfer by deadline... but it does make you wonder why they didn't just grant an extension to cover the time required to get through the red tape that whatever lawyers were advising on the deal didn't know about...
Morming all R emmies, Probably my only post of the day, so here goes, I DO NOT WHAT TO READ ANY TRUMP RELATED TOPICS HERE, 24/7 ON THE NEWS IS ENOUGH, sorry for shouting, anyway, let the yanks get on with it,as having sene that very experienced politician Madonna rant about bombing the White House, it just shows the farce that it is. right time for a valium and a cuppa.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.