Ann: Diamond drilling commences at Mahela prospect, page-11

Management now appear very confident, indeed bullish.
I believe their worst days are now behind them.
A couple of qtrs of increasing production numbers and increasing sales of higher quality product should see some recovery in the SP. Unfortunately, that 4th qtr info is not going to be available until 1st qtr 2020.
Another positive is the prospect of a substantial resource upgrade, extended mine life and therefore providing the ability to ramp up production to a level which would attract larger investors.
If the Dr's comments regarding new investors is correct, It would seem BSM will now be looking to expand well beyond their original advice of 20,000 tpa. I think this needed to happen, so it's a very good move IMO.h
This stock may come out of the bottom drawer quicker than I expected.