It would be reasonable to assume the company has replied to the ASX today, given they said they would by commencement of trade today. If they could not do so they would have immediately announced a further extension of the voluntary suspension in order to do that. That they have not suggests to me they have replied, and its now in the hands of the ASX as to what happens next. I would expect some sort of announcement tomorrow one way or the other, either its resolved or we continue with the back and forth. Admittedly these things can go on for a long time, back and forth. If it does continue in suspension I would like to see a company announcement as to what the issue is that needs resolution, I think we are entitled to know as owners of the company
Anyway, I'm keeping the faith. Meantime did a lot of reading on ores that contain incredibly fine gold, in the micron size range and even less, literally in the nanometre scale. Its not that rare an occurrence and can be a bugger to extract as its often fully entrained (encapsulated) in other minerals that don't easily respond to conventional gold extraction techniques. Long leach times and some ingenuity with the types of leachant chemicals and conditions required seem to be the order of the day. There's as many extraction methods out there as there are these kinds of so called refractory ores. There are dozens if not hundreds of publications out there ( internet) on refractory type ores with micron size gold or even gold alloyed with other refractory type metals in the ore. To put everyones minds to rest, I would like to see samples ( cores if possible ) sent to an accredited certified lab in Oz and asked to perform the assay according to the methodology that BBX have developed. That will at least put to rest some of the concerns expressed by a few HC posters
BBX Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
