Well Im definately convinced with the individuals behind the new change, we have no choice anyway bushan is not an option you would be shooting yourself in the foot.
The newly formed anti-bushan shareholder group is a mix of ex-director and CEO and businessman and investors, they want to finialise the 3 hole drilling to get JORC and rerate the company to what it is worth which would see large increase in shareprice.
Also extenting the options by issueing more will keep loads of people happy and arrange a better deal once BWN is ready to sit at the table with all there juicy figures and wait for the best deal, we are surrounded by huge coal fields with a capital raising for some drilling you could be looking at $2 by the end of the year instead of 10 cents, lets win the vote first.
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