Its a catch 22 situation if you do or do not participate in the SPP
If we as shareholders do not participate in the SPP then BML can no longer explore the land we have that is not in the JV and we will most probably get swallowed up by BCL at a price lower than most here are averaging.
If we do participate in the SPP once and if the SP does go up to 0.015 then there will be one big wall to climb as some/most people will dump and the SP will struggle to go anything higher.
For me i will participate in the full SPP as i do believe in what BML are doing but most importantly i want to add to my original investment and in some ways protect my original investment that i purchased over a year ago. But i also will not be dumping any of my SPP until i reach my target price of 0.030 or higher
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