The other outcome i was dreading is that BCC attempt to buy out the JV, and then ask shareholders for the cash in a CR. Theres no way in the world i would put more cash into this lobster pot, and most likely the price would be too high, and they would stupidly agree to pay it. If they sold it completely, theyd no doubt ask too little, and then promise to supply zoleos. They have clearly no ability to negotiate good commercial terms for anything.
all imho, dyor
Ann: BCC June 2024 Quarterly Activities Report & Appendix 4C, page-20
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