Beacon Hill Resources - Re: BHR Stream Log - Evening Bigdog, the whole thing...

Evening Bigdog, the whole thing is comedy both the LSE discussion board and the BHR Board of Directors. I accept they have no control over world coal markets, prices and the supply and demand issues, but all the other stuff then yes they do. Trains sat in customs sheds, massive dilution to raise a paltry £1.5m, delay after delay. RK knew 2 years ago the state this business was in and what it would take to get it operational which is why he didn't put his hands in his pockets and buy any shares. It speaks volumes when the top brass in a business don't hold a single share! I feel like a pretty clueless investor myself at the moment having got involved in this cesspit. I agree with you in terms of back room deals having been agreed months back. We face massive future dilution too with the additional warrants being issued and more capital required even if they do eventually get sign off on the senior debt facility. The whole thing is a shambles and I fear it's going to get a whole lot worse before/if the tide turns. Good luck matey.