following my previous post(please check overview & insight),share price could retrace to 35-37 cents if history repeats and it should come back to around 40 cents within a few days.
This is the lowest range can go and this provides us with excellent buying opportunity.
As we are all waiting on drilling results,Bhushan steel is planning it's take over bid for BWN.
It is absolutely vital for BWN managerment team and it's share holders to prevent this happening too soon.
Joint-venture with Bhushan steel is conditional,BWN can do on it's own that makes Bhushan steel just as a share holder.
That conditional clause opens door for other parties to bid.
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