If what you posted is true, none of us have/had any business investing in BLR. Living hand to mouth is not the way to build a sustainable business.
And to your second point, I would suggest the top 5 shareholders would not put any more money in BLR. Once management knew this, they knew it was all over. And this lead to the precarious position we BLR shareholders find ourselves in. Except Glasier will sort out this mess. And we should make our money back.
I am not sure about the mining applications. I guess we find out at the end of April.
Cait
BLR Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held