BDC 0.00% 52.0¢ bardoc gold limited

1. all board members keep their job, that's most important for...

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    1. all board members keep their job, that's most important for them, not for us
    2. no need for cr, all share script transaction, $1 exploration up to mid 2016,

    what could be in play:
    if all board members want to keep their jobs for longer period than 12 months, share price has to move a lot higher so that 30 days VWAP will be a lot higher than 1.1c, that's 195mil shares to issue, and effectively, White Lion will be in control. I don't think Craig will let this happen even their shares will be escrowed for 12 month,

    that's when the second payment comes to play , it will equate to a value of A$4.2 million based on the higher of $A0.028 or the 30 Day VWAP on that date being the last ASX trading day immediately prior to​
    satisfaction of the milestones.

    the acquisition basis looks sound, and share price should logically move above 2c today, I mean LOGICALLY.
 
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