Peter, I seem to recollect that BND modified Springsure to fit in with the environmental/cropping demands. I haven't really followed BND for a while, but I thought the company acted to prevent any problems. If they have this sorted, they hould be able to get provisional approval, and maybe just make some undertakings for final approval. Just a guess there.
$113m market cap now, with $90m cash and the preference shares worth 28cps/$41m (minus recent writedowns for those). Most of these companies have utterly copped it, but BND should be able to weather this storm, with their cash and assets. It's a long story though, and BND has not been able to win a trick for years. It must be hitting bottom soon!
Peter, I seem to recollect that BND modified Springsure to fit...
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