You are all panicking! And lost patience Forget about the 10 million receivable as BTV have not received it yet! And it will take more than 2 years! At this stage! The BTV share price reflects it!
Everything the directors have done has been correct over the last 12 months. They have sold their main assets before the market crashed, sold their holding in THOR before it was worth nothing. They have correctly bought back shares as well which they are yet to complete that.
So let them FINISH!
They have built up cash so they can focus on another project which is what they said from the start.
The directors want to protect the cash as much as you do so stop worrying!
Now firstly they have stopped the buyback for a reason. We are yet to see it. Personally we will see more of an increase in share price if they put the money in the right GOLD project at the moment.
Secondly the investment in WME is nothing to worry about. Neil obviously wants to sell the project and thinks he can
Let them see what they come up with first
The capital return yes but not yet!
BTV Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
