The A2 results didn’t surprise the market-they were pretty close to consensus. What the market did appreciate was the positive narrative around ongoing & increasing Chinese demand & US expansion. Under continuous disclosure anything of a material numbers nature should have been disclosed by BAL management so IMO the numbers will be the numbers. Narrative around accreditation won’t be forthcoming cos no one knows or is privy to intell do the only real upside can come from new markets expansion.
BAL Price at posting:
$8.25 Sentiment: Hold Disclosure: Held