You would want to think that they will finally show the market just how "profitable" this thing is.
Correct me if i'm wrong, but a look back, and seems that 2009 was the last time they actually did a presentation of any sort, at any sort of roadshow to sell themselves to the wider market.
Is that the problem here, when you look at the market depth, very thin.
(if so, makes great entry for an under the radar stock)
And seems they are happy to just keep issuing small placements at 10c, + free ops, to keep the lights on, until, they can really come out with the economics, and get this into top gear. I guess it comes back to how much of the cake we are left with, post the chinese jv, as to just how good the economics will look c,w our Mc.
What are the chances, of getting the PFS and offtake out before X mass? (and more importantly before the ops expire)
BGD Price at posting:
8.4¢ Sentiment: Hold Disclosure: Held