Its not rocket science here. Holders want to either get out of proceed to production. To do either the shares need to trade. The company needs to do a CR pronto at very attractive price - maximum 1c I would estimate. That should raise at least $5m so another 500m SOI. Or do a joint venture with a gold company that can mine in Africa. Either way shareholders are in for an almighty kick in goolies. But is is better than being taken off on a stretcher to never play again. Makes no difference. The shares will trade under a cent for a period until the ship shows it it sea worthy. If the mine gets up and running then 5c a share down the track is not out of the question. Do anything but not more of the same.
BSR Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
