ME:
Hi Jeff
After this mornings change in substantial holding and its only going to increase as a lot of people will be selling into the big. Can we expect an announcement from BBX?
An announcement of when we can expect drilling results would surely put a stop to this sell off
Jeff:
In regard to putting an announcement out we are restricted to what we can further announce as Drake would take us to the takeovers panel on inconsolable behaviour to frustrate the bid if we state assay results will be announced on xx date then if that did no happen the company exposes itself to shareholder action also the ASX would not allow an announcement unless we can provide evidence given the takeover its strictly enforce given its on market Jeff McKenzie
BBX Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held