Good thing is the real deals back in control. And that won't happen again? Nothings changed IMO other than its shaken the whole thing up. Not a bad thing (from a new funder arrangement being more likely) sooner better than later. Hopefully this is all water under the bridge and we don't need to chase DJG and Co for the 6m they owe us? Good riddance with any luck. I like the comment from management, reiterating "On finalising funding, Blackham said it could have the Matilda Gold Project in production within 15 months" tells me theyre back on the horse.
One way or another this wont have a choice other than to progress to production albeit with the possibility of dilution to fund it, which I believe it can carry with its smallish register. I have my rose coloured glasses on BTW but hey at least we got through all this crapola relatively unscathed. Onwards and upwards.
BLK Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
