Maybe Colin should step aside and let a more experienced MD handle the business.
I like the Gawler area and was keen to invest in both BGD and MEU but so far only BGD has performed and garnered support from reputable instos.
That's always a sign that senior management do or don't handle their business properly.
Didn't MEU have a stoush with the state revenue dept in SA also? I remember reading in a local SA paper a while back and posted an inquiry on one of the meu threads but no one responded, so figured that was another red flag for me.
Unfortunately, unless MEU starts performing on the resources side the next CR will be at much lower SP. Think I'll wait till then.
Pity, the whole area could grow nicely but like I said a more more experienced MD may be needed here?
Let's see what the courts decide on all their outstanding cases.
(I am not MD of BGD)
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