Big fan of BAL and I'll be back in at some stage but for now but I prefer to wait until the Investor Day to get an update just incase there's a nasty surprise.
Always said it'd hit $7 again and I maintain that opinion. It will be re-rated only when SAMR gets approved in my opinion, in the meantime it'll continue to struggle around these prices in my opinion.
My fear is the Chinese getting political not approving SAMR to BAL as a response to our provocations of not allowing the gas pipeline sale to a HK company plus other things.
Could be wrong, just my 2c. GLTAH
Big fan of BAL and I'll be back in at some stage but for now but...
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