Maybe Gizard is right and the 9 years they have spoken of getting a steel mill to happen is all a big joke but with finacning and the government looking to be onboard, the site picked, consultants organised....I can only see time as the factor preventing BGD reaching highs it hasn't seen before share price wise....so if you're buying....these falls are good for us...and if you're holding and waiting...you'll probably be ok anyway in time.
bb
financing has been aranged before, they even did a 100 million capital raising, where the people to be issued new shares didnt pay up.
The site has been picked at 4 locations, moving to a better location each time . Cosultants have been organised 4 times. The nsw and qld government have been on side 4 times,
Good luck i wish you well, just understand what you are dealing with.
PS the thread is patting people on the back that dont even know basic facts. I mean thinking that ANZ is on board.....lol
maybe people should understand how different listing and custodians operate.
Good luck, bgd will bounce , trade wisely
BGD Price at posting:
17.5¢ Sentiment: None Disclosure: Not Held