Ann: Bathurst Chairman's Address, page-13

I hope you are right. 

Meanwhile, if the AGM was supposed to generate a new round of confidence in BRL...sadly, it hasn't.  All I see this morning is nothing but determined sellers. 

I think the market is telling us something that we don't want  to hear.  There is something awfully wrong with BRL and its management.  And that would most likely also explain the management's unwilling to communicate in a more normal manner.  You don't talk when you have something to hide.  How else do you explain this sell down in the face of a known and big buyer?  

After a month of buying from BRL...we are now at a grand share price of 12.5 cents, at the time of writing, a mighty half a penny above October's close.  Mr Market saw through all the attempts to sweet talk minority investors at the AGM...and is calling it nothing but waffle.  Sell while there is a buyer seems to be the market's verdict.  BRL has a long long way to go before it has any credibility whatsoever.