Now we know why no one wanted to buy stock-the EIS extension.I can accept that through circumstances beyond Boulder's control-changes to the shipping plan and the rail loop-have helped to delay the EIS;however,as I've mentioned before here,we would need further signatures from our Chinese suitors to go with the EIS.IMO the Chinese are in no hurry-as I've also previously suggested-to sign.They will extract every political advantage before that time. One positive is the that the top 20 is still 90% and J.P Morgan has 77%.The SPP outcome will be interesting indicator of investor sentiment. Of course,if the company had informed the holders about these logistical problem,we may have had some liquidity with the exit of disgruntled punters! I reckon the rest of my hair will be white before I hand in my chips here.
Good Luck To All Long-suffering Holders.
BGD Price at posting:
5.0¢ Sentiment: None Disclosure: Held
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