As I am on a bit of a hurry, I will try to be concise.
Do I believe BBX will be soon out of suspension? No, I have said this a long time ago. I do believe ASX will ask for more and more stuff. And, guess what, that's reassuring for me. I am ok with ASX questioning everything, otherwise all the companies could be telling fairy tales to the market. That also means BBX will have to produce more and more evidence of what they have in their tenements.
How long will it take from here? My hunch is several months. And another hunch: Drake will support the company not because they need to, but because they also believe on what's going on. So, with that said, the road was and will be bumpy, but I am not waiting any longer for sample results to lift the suspension. Those will only arise more questions and back and forth, back and forth... The suspension was a blessing for me. Without it, BBX would never be forced to prove what they have in those tenements to the market by the most effective way: producing.
When they are able to do so, it will be very interesting to see what will happen and how can be justified to keep a stock under suspension because the grades "could not be real", but the gold is being produced. I don't mind wait. The more I wait, more value for my stock.
Oh, by the way, ASX is not the only stockmarket in the world, you know. There are several around the globe. Who knows what are Drake's thoughts regarding that...
Best Regards
BBX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held