Most likely "WTF". Last financial report we had a going concern...

Most likely "WTF". Last financial report we had a going concern statement on the audit report (i.e. significant doubt over the company's ability to pay their debts as and when they fall due within the next 12 months) and I haven't heard of any big contracts landed yet that could help provide some revenue. Having said that, I think the potential is massive for BRN as long as they don't go under in the meantime. I am looking to take a risk and buy with the intention to hold for the long term. If the financials come out with some positive announcements or new information I think it'll be enough to negate the effects that poor financials have - this is all about the future potential, not their current profitability. Fingers crossed.