With meetings commencing today in China (as stated in last announcement) with MCCI/MCC-?‐WISDRI. I think it is the last great opportunity to grab some cheap shares prior to us hearing what promises to be a very good outcome for BGD.
There still seems to be a 'wait and see approach', due to the lack of deals BGD has been able to lock away. If they manage to nail the Gladstone Steel Project with MCCI, then this will attract a lot of positive news flow and investment as the market will finally be able to value the company with future earnings.
Shares should be minimum of .20 on the back of a joint venture being entered into. Makes .11 look cheap to me.
rr
BGD Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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