Good news! I feel much more comfortable with this company being Singaporean based albeit Chinese Government State Owned. These guys will be in it for the long haul as phosphate is a strategic commodity for China to help feed its people.
The last group I had a bad feeling about which I couldn't explain. Had the feeling of playing games or something and really wasn't that surprised when I saw they pulled out in the last minute. However I was still very disappointed. Not with BMB but with them.
Wazbee, correct even better having a Singapore company as Mr Yaw is based in Singapore and if he is comfortable then I am comfortable.
I'm not concerned about the SP as I have always held to see how this one plays out.
BMB Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held