Ann: St Barbara to acquire Bardoc Gold via scheme of arrangement, page-97

Assuming that woodie woodie will be spun out you will still require a significant IPO to raise capital. The majority of SOI will go to those that take part in the IPO. Current holders of BDC will most probably receive an allotment worth a couple hundred dollars. I myself do not believe it is worth the wait so have completely sold out and moved my funds elsewhere. I can only say that for something with so much potential, the opportunity was wasted by management. They should have focused on the Zoro and Excelsior and gone straight to the DFS or BFS rather than waste time on the PFS. There was great confidence that they would support a long mine life so it would have saved time to skip the PFS. They should also have not wasted valuable funds in chasing a company making deposit elsewhere. In any case, i am happy to see to be done with this company and will chalk this up to a valuable lesson.

Good luck guys. I wish you all well.