Giving money awayI’m officially over all the “community support aka company money” slide 16 on Bbi presentation, the company is handing out when BBI doesnt have funding to complete the drill program and keeps diluting shareholder value. I am aware that it is the long game he is playing and the money is probably insignificant, but to keep parading all this ”support” while our share price is in the tank comes off a little arrogant, ignorant or premature at best.
I am long BBI and that hasn’t changed, but a little frustrated with the giving back, let’s get in the green as a company with an executable plan before giving back. Garth paraded the support and new initiatives during the AGM also, but the number of programs keep expanding.
What does he get by keeping this on company website. I don’t know any investor that looks at the presentation , goes right to slide 16 and says “ can’t wait to see how BBI is supporting the community this month, maybe next month we will secure non dilutive funding to secure the future of the company”
I may come off as an jerk by writing this post, but just venting and a little concerned.
Any thoughts?