Could be a interesting week coming up. Coris final balance of debt should have be paid off early last week, as per previous announcement. Could have a announcement from management regarding funding for the commencement of production, and hopefully with that funding the removal of the ASX suspension. Agree with some shareholders that some more news regarding at what stage management is at would be helpful, but have emailed Andrew directly, and he has always responded to my questions. Believe the last major hurdle will be the funding required to finalize plant, and start production, which he said management was still aiming for Aug / Sept 2022. Lets not forget that if BSR / MGO get across this final hurdle, and get to production, the hard work that management has taken place to get this business from being dead, to some sort of viable company again. Lets see what the next month brings.
BSR Price at posting:
1.3¢ Sentiment: None Disclosure: Held