SDV 5.32% 49.5¢ scidev ltd

bsm update is out ...., page-2

  1. 7,617 Posts.
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    There is a possibility that BSM will go belly up.
    Our "small" equity will evaporate.
    It is too early to say that the royalties will not exist in one form or another.
    Negotiations must be underway.
    If BSM survives in some form,we more than likely end up having a bigger stake in a much smaller BSM.
    Cash seems to be out of the question at this stage.
    None of this is our doing,I must admit.
    It is the "Hellyer curse".....Strange that it still casts a shadow over Intec.

 
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