In a previous post,I alluded to the Saudi/Chinese rail deal and the way that deals are done:shareholders have not been privy to the 'interactions' between the Chinese and the Saudis.Any Boulder Long-term holders like to know about this partnership?Don't hold your breath:with the Chinese,expect to remain in the dark for some time. Long-term,the Chinese partnership is extremely promising but the short/medium term SP progress will be non-existent.With so many long-term holders,I just can't see much buying on the ASX until atleast after the studies are completed.And even then,there is the chance that dates will be pushed even further back.All this will test the resolve of some. Today,like on Frankfurt overnight,there will be a small 'get-out' rally and then it will close around 0.17.Not uncommon in these times:most annoucements are underwhelming the market.
I'm hanging in there.Just give us peasants a tiny scrap!
Good Luck All
BGD Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held
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