No CFDA Registration, No China Biz!

Today BAL is without China CFDA Registrations for IMF Products!

See Today's ASX Ann...

From 1st Jan 2018, China's New Regulations apply for IMF Imports into China.

And these new regulations are very strict. And open to interpretation.

Without China CFDA Registration BAL cannot export its IMF products to China.

So, the race is on! 2017 BAL Clock is ticking.

Meantime, BAL remains a gamble...not an ordinary one, but a Chinese one!

With a fickle mistress...China.

If one assumes BAL will achieve CFDA Registrations, then it still remains a very challenging road ahead.

If BAL fails, then "what's left" for BAL and its shareholders?