The concern to me is they announced 19th Jan
"With regard to the environmental licences the Company is in daily contact with the Amazonas state environmental authority (IPAAM) regarding releases of the licences It is understood that the principle outstanding issue is finalisation of registration of the land ownership over the licence areas which is currently being expedited "
Then on 31/7 it was announced BBX had requested an extension to the period for submittal of the environmental licence
Seems to me a big hold up and potentially an issue with land ownership so I can not see any mining this year and does this lack of environmental licences also effect exploration drilling ?
BBX Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held