It's this low because the company has no money maybe?
Sure there is resources in the ground and ablation (maybe), but if it's not around to do anything about it then it doesn't have a lot of value. That is why the share price is so low, if the company sorts out the financial side, the SP will rise. But right now it's a very risky stock (as was BLR).
Not to say George can't solve it, but right now the market doesn't really care.
BLR Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held