Very interesting about the CEO communicating that he is looking forward to scalping the rest of Zoleo off Beam...it honestly is a bargain of a century for them. BCC and its shareholders have lost on every account with Zoleo arbitration and the general JV running process. Hopefully the settlement ends up not a final, major disappointing blow to BCC.
Padrino, with regards to the final settlement/sale of Zoleo, what is the going to plan for that capital? Is BCC being wound up and proceeds redistributed to the holders or there is some sort of growth plan in place that you may be aware of?
BCC Price at posting:
12.0¢ Sentiment: None Disclosure: Held
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