BLG - General Discussion, page-452

Just on m'ment @lectro, looking back you said it perfectly mid last month when you posted -
"A news vacuum has obviously opened up debate on this topic."

M'ment had the power to come out and say they had received sales income (?) or had taken out an additional loan (?) since 1st Oct so that the cash balance was adequate &/or not a problem, which would have solved that 'vacuum' problem. But they didn't. They then chose to compound the problem by not answering emails or responding to (retail) enquiries.

Apparently James laughed off the 'Hotcopper commentary' in yesterday's Automic preso, but he also needs to be reminded that he/the company posted 2x ASX announcements over the past month or so, advising a timeline for receipt of the R&D Rebate, and neither were correct. Not his causation, be he agreed to them being posted.....

I sincerely hope James and the team has learnt from this episode.

I slept well last night @Anachronist. I'm sure out of all this, even the 'crusty' posters here will look a little more closely at the Quarterly's to scrutinise the cashflow status of their 'more speculative' investments.......

One thing is for sure - the end of January release of the 4C for the December Quarter will make for VERY interesting reading for all Bluglass holders....


GLTAH