unless more positive news. i think the news was positive, but wasnt the "official" go ahead from the QLD government. although it sounded like it! so we can imagine what prices will be like once we get that approval. general meeting end of september, shoudl expect some good news to be said there, nature of the things.
and then MOU completion end of october.
i think we'll find approval sometime between all of these, i think approval before MOU.
with that in mind as callbot mentioned this price action is due to scared holders, unsure of potential , and unsure of the 59page document released on friday. they kept to their word and document released on the weekend, so i expect they will keep to their word rest of the things.
BGD Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held