BDM 0.00% 10.5¢ burgundy diamond mines limited

Hi Harken, Thought I'd reply to you as others have gone quiet...

  1. 892 Posts.
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    Hi Harken,

    Thought I'd reply to you as others have gone quiet here - Bitzer, Rizzla & Basil, where are you??

    Class action is silly talk but I understand your need to vent your frustration somehow.

    Delist? Not while management do what they have to do, which is drop exploration licences to preserve cash & focus on the only proven asset!

    We've had:

    American shale revolution
    Saudi's maintaining output
    Weaker world economy
    Oil price tanks
    Gas follows (US$7.60 spot into Japan July 2015)
    Majors/mid tiers reduce capex/exploration costs - job losses & profit downgrades

    All of above in last 12 months!

    I'm not so sure CMT management is to blame.

    .
 
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