Another company used the term 'sales are imminent'. The term has been used for a number of months or longer and management ended up changing the term to 'close' recently. But as yet still no sales.
Guess BNL could use the term 'imminent', thereby give the impression of progress and when it gets within 3-6 months could change to 'being close' and within a month put 'really' in front of close - thus expect that all up could take a while or quite a while or a long while until finally drilling starts, markets get excited, only to be disappointed as drilling stops abruptly when drill gets stuck.
Meanwhile sp stuck in a rut and helium is stuck underground and the drill and drilling, well it's coming - soon.
Ann: Notification regarding unquoted securities - BNL, page-9
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