Ann: BCL Moves Closer to Mining Maibele North Deposit-BML.AX, page-18

Interesting articles, and hope the Philippines angle pushes up the price of Ni....it looks good. Have heard the new minister is strong conservationist who is very anti open cut mines as opposed to underground ops., for obvious reasons.

I must say I was disappointed with today's SP non reaction, as I have felt three things would help the options get over the line, not only for the holders but as well as for them, the large amount of cash to come in if they are exercised, with only dilution we already are aware of, obviating need for further cash raise for a while. First the confirmation of the permit renewals, secondly the WP report itself, and thirdly the decision by BCL to proceed......now we have all three but share price very sluggish. Could have a bit to do with the Brexit stuff, but this "in confidence" restriction on the WP report surprised me....will there be any probs with ASX listing rule 3.1?....presumably no since no queries from ASX today. Anyway, the news otherwise has certainly been good for BML and holders last few days, and Ni price up a little tonight, so can't complain.

Nice evening to all.