Hi folks, they will push the sp even lower tomorrow before announing another extension. Seems like their intimidation has unnerved a few here which is disappointing but a delight to the WNI theives. By tommorrow or on monday, we will again see that the delisting threat is a scare tactic that is counterproductive to their own cause.
They already have 80%+, If they want which is a big IF (or even can) delist, I'd have thought they have better things to do than to waste time cold calling us 1 working day before the expiry.
By extending (they have no choice), it is an admission that they must pay a much higher price on market to creep up than the $2.5 that they have been buying at. Frankly, even at $4, it's daylight robbery considering the massive future resource upgrades and possible rail deal.
BRM Price at posting:
$2.20 Sentiment: Buy Disclosure: Held