Factually incorrect they ( Brierty) did not bring into account the disputed money in their 2015 results - In fact that was why the results - still a profit was in fact much lower than expected.. In fact they recorded only what they could rely on. So last years result is real profit. The lie if it is that is that they have not reported on the mediation which was set down for February and I agree we should have had some comment by now.
I havent had the time to look when the current contract was awarded and how long it has run. Unfortunately when the price drops its importance in my portfolio has also dropped so less attention.
As regards MAH - I didnt own 5 years ago - so did not know all of that only a recent shareholder just before they got out of Mongolia - So thanks for that info - are the same directors still in charge ? - That would influence my long term holding of the stock.
BYL Price at posting:
13.0¢ Sentiment: None Disclosure: Held
