AIM 5.66% 75.0¢ ai-media technologies limited

wheres the bfs???????????????, page-4

  1. 362 Posts.
    Fair enough if Snowdens can't get it out, if this is the hold up, but it is still the directors responsibility to let the market know what is going on and revise when it will be released.

    It's my opinion that buyers have lost some faith in the management continually delaying the project. The last update I am aware of was that it would be released in November or early December, which Flory stated in his Africa presentation in Perth. Early December is now over without a BFS or a new forecast date, which creates uncertainty and hence the weakness that we have seen over the last few days.

    One positive is that the holders are still holding and are resisting selling out at what will probably be a bargain price for buyers at this level. weakness is from buyers pulling back - not because of selling pressure.
 
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