BMB 0.00% 2.5¢ balamara resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-19

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  1. 6,029 Posts.
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    Hey Wazbee, with regards to Mr Yaw, I brought this up with Mike recently, and he replied with the following (for yours and other holders information):

    “I have absolutely no doubt that our major shareholder will continue to support Balamara as he has done so in the past.  He is less concerned about day-to-day share price as compared with other investors, he’s more about the overall strategy which is good.  He is attracted by the long term value proposition and he understands that 2Bn tonnes of high quality coal in a low operating cost, safe location, near to the market where we will sell product, is ultimately a winning ticket.  He will show patience and will help us get to the point where we can all make a win from this.  We are very lucky to have his support although we work hard for that…”
 
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