BND bandanna energy limited

Looks like Bandanna's got Buckley's chance!Wondering whether...

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    Looks like Bandanna's got Buckley's chance!

    Wondering whether it's a wise decision to cut losses now at 10c given so many projects are stalled at permitting and unable to access finance.

    Seems to be an ever smaller chance this will get up as the weeks roll by, but one thing is certain as the take or pay commitments approach is that the chance of gains for current shareholders are vanishing rapidly. Not hard to see that Bandanna will be forced to make a massive discounted placement for hundreds of millions just tot stay alive and that will kill of any potential profit.

    Either way, looks increasingly like share price upside is an outside chance. Thoughs?
 
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