Hah, I saw this announcement today - a good laugh remarking, "It was just a matter of time."
2 years ago I luckily (yea right) got out at the high of 2.3c. But that was a parcel of shares I'd paid $9000 for in 2007 around 25c
How much money have these guys wasted... $18 million would be ok for shareholders if they hadn't diluted the company another ~400% in the last few years, beyond what they've done since 2007.
The management more and more has made BLR the epitome of the 'dodgy brothers mining companies'.
Please, everyone learn that spec companies which cover the ASX, should never take more than 1-3% of your total funds under management. Unless you insist on gambling.
Hah, I saw this announcement today - a good laugh remarking, "It...
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