Ann: Update on BBP Loan Restructuring , page-11

I have to say I wasn’t surprise at all when they announced yet another extension, considering they also extended their AGM time. I think many BBP holders are use to the continuous delays and disappointments from BBP.

This is seriously getting into a risk and reward play as the loan approaches closer. It can be a multiple earner and/or bust.

The arbitration is longer than I initially though, and the findings will probably determine the fate of BBP as a going concern. I think once the conclusion comes (who knows how long this will drag to) then the cogs will be put in motion and possible see some clarification of the restructure.

I wouldn’t expect too much upside price action until we have more information. GL all holders.