Hotfire,
As I said before, I looked into Botswana mining department and differences in license.
BML got reject in Retention License because inadequate work was done. Fair enough, I accept this rejection.
Then BML applied for Extensions which need less criteria to satisfy. Also PV said he will work closely with DOM to satisfy what was needed.
I figure we had much better chance to get Extensions AND share price was extremely low. It was worth a try to avg down.
Change management won't help. PV knew exactly how to fix up this problem and PV did so amazingly. Now PV is the biggest winner, along with many holders and people of Botswana (jobs).
Hotfire, it is like saying if a student cannot get in medicine (harder criteria), should consider study other degree as preparation for medical degree.
If BML can't get Retention License, BML going for Extensions instead and with $4m drill from BCL, this serve as a massive preparation for the real Retention License.
Having the opportunity to buy shares cheap and be part of 20% Copper drillings is something too good to refuse, and extensions are real chance for BML to get.
Further, PV decided 6 mths without pay. Can you name another ASX-listed company directors will do that?
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