Hard to see why this type of announcement continues to excite...

Hard to see why this type of announcement continues to excite the market.
A little bit of perspective would be handy here.
I am not only referring to BASS, but other/s who have joined this Alliance, whose SP spiked on the news, only to give up the temporary gains in ensuing days.
A trader's bonanza.
It means little more than ..." we are part of a group who hope to benefit each other WHEN we are able to produce our product AT A PROFIT.
Therein lies the challenge.
So Bass, and others, have a market and a "cooperative" of sorts.
Big deal!
Now establish a continuous high production process of high grade and size.
Also do that at a significant profit.
And in BASS' case sufficient profit to assign a meaningful value to the 4Billion shares on issue ( plus the Con Note overhang and future Cap raise dilution).
Check the SP in a few days time when the traders have gone... leaving behind a wake of bewildered hopefuls who bought in at a far higher price than they will then be witnessing.
Perspective, good people, perspective.
In a perfect world we would all make money, but, alas, we live in an imperfect world populated by greedy little pigs... me being one of them.
Anyway, good luck to readers... I hope you don't get caught.