Ann: Annual General Meeting Presentations, page-118

Agree, LDN is a talker who can spin to please (temporarily at least) but not necessarily communicator. There is a huge difference here.
If the product is as they say out for test with big players its either going to be a big hit or a big dud. If its a big hit then we need to hope LDN and pals have what it takes to squeeze the best deal possible for BRN. If this happens and a great deal/s are achieved all the past will quickly be forgotten. LDN will then held up as a guru/genius. That is how we mere mortals work.
If on the other hand BRN is short changed on deals or they do not eventuate the past will remain as the present and seen as the future and he will be removed. Again that is how we work. Someone always has to pay.
ATM getting the chip on the market and making great deals is all that matters.
The above is why BRN is still a spec.
And talking about spec, hindsight sees the short term negative divergence is playing out. Depending on sentiment there may well be another ok entry opportunity a little lower. Its wait and see.