what do people think?, page-9

Hi Loop,
Each time I've bought[twice], I've thought they looked good value.
Each time I've sold, it has been because company has come out with news which doesn't fit with what seems is happening in Bindoon.
Share price seems to have agreed.
The samples you speak of are all Bindoon?
The company plans[hopes?] to be sending ore in the 2nd half of this year.
From where?
BAU has no definite approved place to get the stuff from.
If Bindoon is knocked back on environmental or planning grounds, then they start again.
Difficult to see any final decision, successful or not, before the end of the year.
If I'm correct in this view[and I may be wrong], then companies announcements just spin.
Was a little spooked by Carbon being effectively pushed from his state government job, and not too happy about it from the media interviews.
Raises the possibility that his relationship with the state government isn't as cosy as I thought.

In summary,
BAU is a much riskier proposition than it was 5 months ago.
And hearing recently from a local[not a very green or left wing one either], that local politics is firmly against them, didn't thrill me.
May well make heaps of money eventually, but I'm not really interested until some real approvals and operational plans around.

cheers