pru exercising.......bgf underwriting balance , page-4

G'day Leroy.

I was in it because I thought Balatindi might be prove up to be a tier 1 asset worthy of a takeover. Balatindi is obviously still an asset of some value, but not to the extent I was hoping.

I agree, the price of the company is very cheap at the moment. If they come up with the goods with their future exploration I'll have another look at it, but how can RG be trusted to inform if things go adversely?

Good luck holders - hopefully your low has been seen. On an ounce count basis and the quality of the ground, the market should be able to see the value in BYR at these prices.