While these are valid reasons, are you actually concerned that the company is now headed in a "bad" direction? sure M4 is important and everyones hanging out for it. but im guessing the company is attempting to build strong foundations instead of rushing into things. I know "trust" and "faith" are probably some of the worst words to use when you've got 20k riding on something (but we are in the spec end of town) but it seems to me that BRN is employing competent, proven staff to do this right and that said, i suspect they know what they are doing and are confident in the steps that they are taking and todays announcement just reinforces that.
All IMO, sentiment definitely still on buy, hasn't changed since i bought in almost 2 years ago.
Communication about changes to the company's business plans, page-38
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