How is this possible?

Never before have i had a stock do my head in as much as BMG.

It is hard to even understand what is wrong with this stock! Almost 2 years ago they announced a maiden jorc at Abercrombie of 518k ounced which at todays gold price is worth approx $1.7 billion USD yet the company is trading below $10 million AUD?

Then it appears they sat idly by and did sweet nothings for 18 months until finally realizing they needed to do more work to prove up the resource and develop the asset. 18 months of nothing in the middle of the biggest gold boom the world has ever seen? How/Why did they do nothing for 18 months? Finally, December 2024 they decided to drill 3 more holes but they it seems they forgot to send the cores to the lab until February 2025 as per announcement 14/2/2025?

Regardless, supposedly the cores have been at the lab 3 months since then and still nothing? A couple of promises that results should be due within 2 weeks but months later - nothing?

How, How, How is this behaviour permissible from a publically listed company that should be abiding by "continuous disclosure" ASX rules? How can these guys look themselves in the mirror and not be embarrassed by this complete and utter debacle?

Am i wrong? Am i missing something? I am just trying to join the dots because these directors have not announced clearly what the heck is going on? How can cores apparently be lost or take 3+ months to get results back from the lab?

I think we need to phone ASX/ASIC and demand an investigation! I think maybe either the results were dusters or maybe it was never drilled in the first place? Either way, shareholders deserve to know!!!!!