Sure does look like the old lot left the company in a right mess, I can't see A bright future for any of them from here. It does explain why it took so long to prepare this report. However to me there are a lot of matteres that still need to be finalised. With that in mind I don't understand why we could not have applied for reinstatement before now. We have not put all matteres to bed, which Is why I believed we needed to be suspended for so long. I think we could have applied a little earlier and caught some of the recent momentum in the lithium market. Especially with out African neighbours doing so well.
I appreciate all the hard work of the new team and it appears we are heading in the right direction. So thank you to James and the team for that. I believe what is now required is to show shareholders they are really committed to BGS is to move to a salery structure and away from high cost consulting fees ASAP. An on market share purchase would also go a long way. Let's face it the audit was nessecary but not cheap and they were rewarded handsomely.
BGS Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held