BSR Suspended 01/04/2020
ASX Letter to respond to dated 27/04/2020
BSR. Responded 04/05/2020
ASX. Reply ........????? 14 days & still waiting .
I get the feeling that the ASX are punishing BSR for missing the report deadline due to Covid 19 issues in Senegal & how ironic BSR is again suffering delays at the hands of the ASX with them having to work from home because of the Covid 19 restrictions here in Australia . It's a witch hunt.....
Raffintoy at this rate who knows when the ASX may make a decision. Xmas maybe. !!
IMO is not all that bad ATM being suspended. At least the SP is stable. A positive.
The gold price is great
Oil is great about US $30.00 another positive
Senegal Covid 19 restrictions starting to be eased. Positive sign
Shipping starting to happen again . A big positive
International Air Travel soon to recommence .. & for expats Emirates arranging special flight from Dakar to Dubai on 21/05/2020 Maybe the Dubai investor will get a seat on this flight.
Senegal President recent comments that Africa will have to learn to live with the Covid 19 virus as he believes in Africa it will be about for some years to come.
Managements recents announcements that finance being sourced on many fronts & comments that that are quite confident that they will be successful.
IMO I look forward to the arrival of the bright yellow catapilar equipment very soon. My speculation.
Raffintoy as mentioned by a recent poster much is happening & I feel also , that the management are very upbeat on our prospects going forward.
Being suspended IMO is not all that bad at the moment as the doomsayers can not affect the share price . & it gives management a better chance to raise funds.
Charlie Boy I like your suggestion to fund the final push to production. Shares with a free option.
In defence of the ASX like BSR , staff are working from home & the suspension issue may take awhile longer to be lifted...
In short I see many positives & I also am very upbeat. ( say away from the dark side of posters) use the ignore feature. The outcome is much better & positive.
Cheers
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