I thought their new opportunity was the MIA with Keen Pacific regarding Ivy Resources and the Hellyer project? According to an announcement last November there are "hundreds of millions" in value at Hellyer. Or was that just a figure plucked out of a black hole??
That announcement (or maybe the one in December) also mentioned plans coming together for the second half of this year so hopefully we hear something soon. I was surprised to see them still on the official list today so they obviously paid their annual listing fees by the due date and hopefully this means they are actually planning to relist.
The voluntary administration is at or very close to the end with administrators having declared a final dividend to creditors.
We shall see what happens but I'm not overly optimistic after all this time. An update from them is the least they could do for shareholders.
BCD Price at posting:
3.5¢ Sentiment: None Disclosure: Held
