bmg litigation update, page-11

ashahriar....this BMG saga has been drawn out for a long time now.
Patience is required as they have the resource but may need a strong partner in the future to take them to production.
Don't count on the 25 mill by due date.
Your comment about a 25c increase in sp,well,it doesn't work that way.
Extra cash in the bank,doesn't necessarily translate into a higher sp.
There are already a few resource stocks with more cash in bank than is indicated in their sp,hence valueing the particular resource worthless.
In time,the market will value Cap more realisticly.
Personally,I hope down the track a big player comes in and takes over the lot.