I am still holding out hope that they will drill by the end of the month.
Today, the whole market is getting hammered so the SP down to 5.5 cents is not a total surprise. Mindful though that the SP will suffer the longer the drilling is put off. So, I do hope we get some positive news soon.
Wish I had some spare funds as any news on the drilling front will put some forward momentum under the SP.
AGM is tricky for them. If no action happens with drilling, it may look like they are waiting for their incentive scheme to be passed in order that they can claim the rewards in February. That is a skeptical way at looking at things I will admit. Hopefully, I have been too dark at looking at the process.
We have a week to go and the delays may well be to do with the unknowns such as the weather.
BNL Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
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